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S50
Relief is a 'Section 23' type relief whereby investors are entitled
to deduct the purchase price of the construction, conversion , or refurbishment
of student accommodation units, exclusive of the site cost, against
Irish source rental income. Section 50 Tax Relief is simple and is in
addition to all other reliefs that are available. Please
click here for financial examples.
Brookfield
Hall is an exclusive modern development of luxury fully furnished apartments,
located in the prime residential area of Castletroy which is convenient
to the University of Limerick and just three miles from Limerick City.
Please click here for an internal view of the apartments.
High
occupancy rates are projected due to demand (over 12,400 students at
the university). Over 1,400 student accommodation places supplied by
the university in it's three student villages are already booked out
for the 2003/2004 academic year. Their waiting lists are also closed.
Brookfield
Hall offers exceptional views of the surrounding countryside.