Residential & Commercial Property Sales & Lettings | Lettings Management | Accommodation Outsourcing | Corporate Relocation
Caden Grimes Estate Agents has a very motivated buyer, ready to go once once they find a good quality property.
If you are thinking of selling and want a trustworthy Estate Agent, email info@CGestates.ie or call 01 9014480
This property recently went Sale Agreed within 3 weeks of going to market, substantially above the asking price.
For sellers and buyers alike, the Sale Agreed sign is a thing of beauty, the first real step into your new home. But it takes such a lot of work to get there. What can make it easier, what can make getting to that point more simple and more quick?
Presentation. There are lots of elements in a sale, but presentation is the most important one. The prospective buyer must be met with a warm, welcoming sight that he or she can imagine as their own home.
The above property was immaculately presented, very well decorated, spotlessly clean and uncluttered. The impression on walking in was welcoming, clean, warm. Somewhere you could walk into and feel right at home.
Of course it’s not always possible to present a property in show house condition, but you owe it to yourself to make the most of what you’re offering. Unless you’re selling a fixer upper or to an investor, the old adage “they’ll see past that” will cost you time and money.
The Better The Offering, The Sweeter The Sale.
Caden Grimes Estates is a PSRA Licenced (# 001883) Dublin Estate Agent
Info@CGestates.ie 019014480 www.CGestates.ie
Fiona Reddin writing in The Irish Times
“If you buy an apartment through your pension fund for example (and remember this has been built up thanks in part to tax relief on contributions), then all the rent flows directly into the pension fund. It does not pass Revenue and does not result in a tax liability.
Should you sell it at a later stage, any capital gains which might arise are again distributed to the pension fund tax-free. The rent that comes in can be invested back into the equity or bond markets.
It is only once you draw income from your pension fund in retirement that there will be a tax liability.
Outside of the pension fund, if you’re a higher-rate taxpayer, almost half of your rental income can go on tax, while gains are subject to tax at 33 per cent”.
If you are considering investing in property as a pension fund, call or email Caden Grimes Estates, we may have a property to suit.
Pride & Professionalism in property services
Caden Grimes Estates is a PSRA Licensed (#001883) Estate Agent.
Info@CGestates.ie
01 9014480
This article is reproduced for information purposes only and does not purport to offer financial advice.
Always talk to your Financial Adviser before making financial investments
The new legislation restricting short term stays to 90 days come into effect today (1st July 2019) and apply to properties where it is NOT the owner’s principal private residence but IS in a designated Rent Pressure Zone
You can apply for ‘change of use’ planning permission, but you are unlikely to get it.
If you are short-letting a room in your own home, the new rules do not apply, but you will need to register with your Local Authority
If you are short-letting a property OUTSIDE of the RPZ’s the rules DO NOT apply, but you DO need to apply for change of use. And you have to register with your council.
THIS IS serious – you can be fined up to €5,000 or get up to 6 months in prison – or both of the above!
Is this UNIQUE to Ireland? No – Barcelona, New York, San Fran, Paris, Amsterdam, Toronto, Vancouver, Berlin and a host (NPI!) more have introduced similar rules for similar reasons.
What does it mean for landlords? Well it’s not all bad – long term rents are high, you won’t have to pay constant change out /cleaning fees, less wear and tear – and there are GREAT tenants out there.
But New legislation has come in over the last few years which landlords need to be aware of – limited rent increases, equality, new standards in rented houses- All can be daunting.
Selling or Letting Your Property?
Caden Grimes Estates is licensed (001883) as an Estate Agent and Letting Agent with the PSRA
Info@CGestates.ie 01 9014480
Rent Pressure Zones in Dublin and surrounding areas include:
All of the Dublin councils, Naas, Newbridge, Celbridge, Leixlip, Maynooth, Ashbourne, Ratoath, Navan, Bray, Greystones, Wicklow, Laytown/Bettystown, Drogheda
Fears are growing that expenses such as high rents could deter multinationals from locating in Dublin, as these costs make it more expensive for organisations to move managers to the city to oversee these investments.
From Barry O’Halloran
Dublin’s high rents make the city the costliest in the euro zone, a survey published on Wednesday says.
The Republic’s capital has fallen 11 places to number 43 in an annual cost of living study of the world’s cities by pay and pensions specialist Mercer, which advises businesses when they want to move workers from one country to another.
The figures show that Dublin remains the most expensive city in the euro zone in which to live, ahead of Milan in Italy at 45 and French capital Paris at 47.
Noel O’Connor, senior consultant at Mercer’s Irish operation, blamed high rents, a consequence of the Republic’s housing crisis, for making Dublin an expensive place to live.
“High demand coupled with supply constraints in the private rental market mean that expatriates may face serious problems finding appropriate accommodation, often the biggest cost for companies placing employees on assignment,” Mr O’Connor warned.
Fears are growing that expenses such as high rents could deter multinationals from locating in Dublin, as these costs make it more expensive for organisations to move managers to the city to oversee these investments.
The cost of living survey uses New York as its base city. Its calculations take everyday expenses including rent, the cost of a cup of coffee, cinema tickets and buying a pair of jeans into account. Mercer surveyed more than 200 cities around the world in March.
Hong Kong topped the rankings this year, followed by Tokyo in Japan at number two, Singapore at three and South Korea’s capital Seoul at four. Zurich in Switzerland was Europe’s most expensive city at number five. Belfast came in at number 158.
Mr O’Connor noted that the euro’s fall against the dollar made living in the euro zone cheaper, but within the single currency region costs remained relatively the same as in 2018.
He suggested that Dublin could cut the cost of living by expanding the number of homes available to rent. “Nevertheless, Dublin remains an attractive location for multinational organisations,” he said.
Other expensive western European cities included Switzerland’s Bern at 12 and Geneva at 13, Copenhagen in Denmark at 20 and British capital London at 23.
Caden Grimes Estates is a PSRA licensed (# 001883) Estate Agent.
