Lough Rynn: from €559,000The arrival of summer coincides with a new launch at Lough Rynn, a golf, hotel and country club resort in Co Leitrim with tax breaks for owner-occupiers and investors. This scheme by the Hanly Group is on the former ancestral home of the Earls of Leitrim, near Mohill in the heart of McGahern country.
Joint agents Hooke & MacDonald and Lloyd Property Partners are taking bookings for 29 three and four-bedroom houses in the grounds of the estate. Under the Rural Renewal Incentive Scheme, owner-occupiers can claim relief on all income, including PAYE, while investors can set all Irish rental income against tax.
Fifteen detached four-bedroom houses of 140-165sq m (1,510-1,775sq ft) cost from €559,000. Another 14 110sq m (1,510sq ft) three-bedroom houses in a courtyard setting cost from €75,000. The detached houses come with two memberships of the Nick Faldo-designed course and a free golf buggy, while the three-bed houses include one golf club membership.
The detached houses are along a tree-lined lane flanking the golf course and the smaller houses are close to the hotel. The detached houses come with solid oak floors, architraves, doors and skirtings and central vacuuming. Marble and stone fireplaces are fitted with gas fires. Kitchens have granite worktops and a full range of appliances. An attic staircase is also included and back gardens are a good size. Courtyard houses have a similar standard fit-out, with smaller gardens.
The beautifully furnished hotel and spa has been open for some time and is a popular venue for afternoon teas and weddings.
Garden designer Diarmuid Gavin has been helping to restore the original walled gardens and the grounds at Lough Rynn, which are wooded and surrounded by lakes.
Lough Rynn is eight km off the Dublin to Sligo road.
