Tax-breaks with views

Co Wicklow: from €240,000: Launching this weekend is a smart apartment development on a riverfront site in Baltinglass, Co Wicklow…

Co Wicklow: from €240,000: Launching this weekend is a smart apartment development on a riverfront site in Baltinglass, Co Wicklow. Section 23 tax incentives are included for investors and owner-occupiers.

Joint agents Hooke & MacDonald and Remax/Simon Murphy will be taking bookings for The Mill at on-site show units this Saturday and Sunday.

Prices from €240,000 for two-bedroom courtyard units of 61sq m (655sq ft) compare favourably with tax-break apartments closer to the city. Two-bedroom waterfront apartments of 70sq m (750sq ft) cost from €280,000. Prices include a car-parking space.

The Mill enjoys fine views of the weir and millrace on the River Slaney, as well as the picturesque ruins of Baltinglass Abbey. The town of Baltinglass is in west Wicklow, 38 miles from Dublin city centre and a good jumping off point for Carlow, Kilkenny and Waterford.

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Under Section 23, owner-occupiers can set the property price less site cost against all income, including PAYE, for a 10-year period. Investors can offset the same cost against all rental income in the Republic, including commercial and industrial.

The Mill is being built by Cleary Doyle and is designed by architects Newenham Mulligan & Associates. For this pivotal waterfront site, they have come up with an elegant four-storey building with squared timber-framed windows large enough to appreciate the views.

A total of 54 apartments will include lift access, surface and underground car-parking and large timber balconies with steel finishes.

There will also be a landscaped roof garden, top floor terraces and small gardens with ground floor units.

Wall tiling in kitchens and bathrooms is included and storage is generous.

Baltinglass has grown considerably in recent years and tourism has been boosted by the town's elevation to heritage status. The new apartments overlook the site of the Cistercian Abbey which was one of the earliest victims of Henry V111's dissolution of the monasteries.