Tuesday 17 September 2019

Elegant Leitrim marina homes

Valerie McGrath
New Homes

The Waterfront, which has just gone on the market selling from plans, is a delightful marina development beside Leitrim Village, adjacent to the Shannon-Erne Waterway. It has been designed for year round living and entertaining, and is equipped with a helipad.

CORROS Properties are the developers involved at The Waterfront in Leitrim and the three-bedroom apartments are unusually elegant and spacious. All have large terraces or balconies - some have both - and attention to detail is a major factor.

Gas fired central heating, electric feature fireplaces, pre-wiring for intruder alarm and multi-room audio, home cinema and home automation, oak internal doors, architrave and skirting, finished flooring to halls and living areas are some of the features. Some apartments have two en suites plus bath or shower room and the foyers in each block will be finished in Italian ceramic tile at ground floor level and carpet in upper levels.

The ground floor of each apartment block is above grade level so that balconies are overlooking the marina.

Phase One, now released by DNG Farrell, comprises four blocks of apartments on an elevated site sloping down to the new marina, with five apartments in each three-storey block. The units are big, mostly 130 sq.m with penthouses measuring 148 sq.m.

The Waterfront qualifies for Rural Renewal Tax incentives, with a tax allowance of c. 90 pc. For investors full construction costs are allowable against all rental income earned anywhere in the state plus interest set-off against rent from the property, while owner-occupiers can claim 50 pc of the construction costs of the property against personal income tax over 10 years.

The apartments in this phase are priced from ?235,000 for the unit with balcony on the ground floor, to ?350,000 for the three-bed penthouse with balconies and terrace with views of Sliabh Aneiran and the countryside and a marina berth included.

Marina berths are available otherwise for purchase by separate agreement. Completion of construction for Phase 1 is early Spring 2005.

Leitrim Village has eateries, pubs, shops, community centre and sports pitch, church and school. A five-minute drive north is the Ramada Hotel and Suites at Lough Allen offering equestrian, spa and gym facilities, while five minutes to the south is bustling Carrick-on-Shannon with its wide range of cultural activities, shopping, river-based amenities and access to the N4 Dublin-Sligo National Primary Road, with Dublin only two hours away. Further details from the agents at (071-962 0976).

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