Shannonside PropertyWelcome! Whether you're dipping your toes into the property market for the first time or are a seasoned property trading expert, selling a property can be a multifaceted and emotional journey. In this blog, we strive to equip you with invaluable insights, tips, and savvy strategies, helping you navigate the world of property selling and buying with confidence - particularly for those working with auctioneers and estate agents in Leitrim, Roscommon, and Longford. From accurately pricing your property to staging it for sale, from adeptly negotiating with potential buyers to reaching the closing handshake, our team of professional auctioneers and valuers share their profound expertise and hands-on experience, aiming to guide you towards a successful sale. So whether you're aspiring to sell your home, looking to divest an investment property, or exploring the commercial real estate landscape, sit back, relax, and let's embark on the journey of property selling with the trusted auctioneers in Leitrim, Roscommon, and Longford together! |
Have you ever dreamed of owning your own home but found that the cost of buying a property was just too high? Or perhaps you have inherited a property that has been vacant for some time and want to bring it back to life? If so, then you may be interested in the Vacant Property Refurbishment Grant. The Vacant Property Refurbishment Grant is a payment offered by the Irish government to individuals who are looking to refurbish a vacant property and make it their permanent home. With a grant of up to €30,000 available, this scheme aims to encourage individuals to renovate and revitalise vacant properties across the country.
Qualifying for the grant To qualify for the grant, you must be able to provide proof of ownership or evidence of active negotiations to buy the property. In addition, you must live in the property as your principal private residence, and the property must have been vacant for at least two years and built before 1993. It's worth noting that the grant is not available to developers/undertakings or applicants who want to rent out the property. How to know if your property is eligible The Vacant Property Refurbishment Grant now applies to qualifying vacant properties in cities, towns, villages, and rural parts of Ireland. To be eligible, you must also fall under one of the categories outlined in the Framework of Priorities, which can be found on the application form. Evidence and documentation you need to provide When applying for the grant, you will need to provide a quotation for the proposed works, as well as any other supporting documentation that your local authority may request. If you are seeking a top-up grant for works to a derelict property, you will need to provide an independent report confirming that the property is structurally unsound and dangerous or confirmation that it is on the Derelict Sites Register. Rates of payment A grant of up to €30,000 is available. This is subject to upper limits for different types of work, having regard to a reasonable cost assessment by the local authority. The grant is inclusive of the VAT cost of the works. If the refurbishment costs exceed the standard grant of up to €30,000, a top-up grant amount of up to €20,000 is available. To get this top-up grant, you must confirm that the property is derelict. This means that the property is structurally unsound and dangerous. The total grant available for a derelict property is therefore €50,000. You must submit an independent report prepared by a qualified professional, along with the application confirming that the property is derelict.
2 Comments
komal sharma
7/18/2023 03:43:30 am
LOOKING FOR BUYING VACANT HOME IN IRELAND
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Gerard Tobin
10/10/2023 03:56:50 pm
Do you have properties that qualify?
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About UsCox & Walsh Estate Agents are located at the Property Exchange, Dromod, Co Leitrim. Our agents provide nationwide services with a focus on the counties of Leitrim, Roscommon, and Longford. Archives
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