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| Type | Detached | |
| Bedrooms | 3 | |
| Offer Status | For Sale | |
| Estate Agent | Key Properties |
£ 258,089*
US$ 381,419*
Description
This is a development of 17 luxury detached cottages, reception office and modern leisure centre located in the picturesque village of Sneem. Sneem is situated on the Northern side of Kenmare Bay, lying between the towns of Kenmare and Waterville. Resting near the foot of a spectacular mountain range, this village with its unusual hour-glass shape is divided in two by the River Sneem and traversed by a bridge which is the focal point of the village.
This exclusive development of luxury detached cottages comprises of 14 three bed detached houses measuring approximately 1,140 square feet and 3 four bed detached house measuring approximately 1,315 square feet. Each house has two en-suite bedrooms.
Capital allowances (c. 82% of purchase price net of VAT) are available against all Irish rental income
Guaranteed rental income of ?8,000 (net of VAT) to the management company for the first 3 years. The surplus of the rental income over expenses relating to the cottages, paid out as annual rent to owners
Full interest relief on borrowings
Owners become shareholders in Management Company
Owners lease cottages to Management Company
Experienced letting agents will manage and market the cottages for the management company.
CONTACT: TOM O' SULLIVAN 00353 86 2582083 / 00353 27 50111 OR E-MAIL tom@keyproperties.ie
QUOTE REFERENCE NUMBER 6475 ON ENQUIRIES.
Location Located on the famous Ring of Kerry, Sneem provides an ideal base for anyone exploring the Kingdom of Kerry or West Cork. It is 30 minutes from Kenmare and 1 hour from Killarney. Sneem is a popular destination with tourists with its immaculately kept greens, colourful houses and haven of activities such as golf, salt water fishing, horse riding, hiking trails, boating, swimming, tennis, mountain biking, canoe and kayak trips, shopping, art galleries and restaurants. A modern leisure centre offers village residents access to a fully fitted gym, steam room, sauna, Jacuzzi and changing rooms. This is a desirable addition to the scheme designed to make Sneem an attractive destination for visiting tourists. It reflects the active modern lifestyle not currently facilitated in many other holiday villages in the South West of Ireland.
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