Monday 27 May 2013

Final offers required by this Friday, 31st May on the well known thriving coffee shop - “The Comfy Cafe”, Roscommon Town

Seamus Carthy of REA Carthy now invites final offers on this once in a life time opportunity to acquire an established and renowned business situated in the heart of Roscommon Town. “The Comfy Cafe” is an exceptional opportunity offering a “ready to go” business with many years of successful trading. The business is running for just under 9 years and opens its doors 6 days a week. “The Comfy CafĂ©” is being sold as a going concern with the benefit of a long leasehold interest. Certified accounts acknowledging substantial turnover figures will be available to genuine interested parties only. All unconditional offers are invited on or before Friday, 31st May and further details are available by contacting our office on (094) 9625990 or Seamus (086) 8035538.

The deadline for filing your LPT Return on-line is 28 May 2013

If you own a residential property and have not yet received your LPT Return, you are still liable for the tax and you must file your Return. You can call the LPT helpline on 1890 200 255 (or 01 702 3049) or you can file your LPT Return on-line as follows:

REA Celebrate their 10 year Anniversary.

REAL ESTATE ALLIANCE RECAP ON A SUCCESSFUL DECADE AS IT CELEBRATES ITS TEN YEAR ANNIVERSARY The group are now recognised as major players in the property market evidenced by the winning of business for the group from various institutions, companies and banks, particularly in the last few years. REA recently re-branded is also a sign of their belief in the future despite the current challenging times. The past two years have seen the group grow from strength to strength with 12 new offices opening since December 2011 giving 46 REA member offices nationwide. REA expect to reach 50 branches by the end of the summer. According to Eimer O’Keeffe, CEO of REA, “our emphasis is not on having the greatest number of branches around the country – its quality and not quantity”. All Real Estate Alliance members are members of The Society of Chartered Surveyors Ireland (SCSI) and, with one quarter of our firms in business for more than a century, we offer thousands of years experience in property in Ireland.

Friday 10 May 2013

Rent prices on the rise

Rents, which are rising faster than purchase prices, are continuing to make sectors of the residential property market attractive to investors. However, the latest Daft report on rental trends suggests that investors need to be choosy, not alone about where they buy but what they buy. For instance in Dublin North county a five-bedroom house may offer a return of only 3.2pc, whereas a two-bedroom property in the same area could offer more than double that or 7.5pc. Furthermore with demand for rental accommodation continuing to exceed supply, the report suggests that rents may also continue to rise and this in turn may also put upward pressure on prices at least in parts of Dublin and some other cities. So investors who entered these growth sectors of the market recently may look forward not only to improved rental returns but also to improved capital gains, especially if they buy before the end of this year when they could benefit from a tax-free return on profits from properties held for seven years.