Property investment has long been a popular, perhaps too popular investment choice for investors.
A buy to let approach to property purchasing is linked with the expectancy of a capital return and growth from the rental income with the tenants covering the borrowers’ mortgage costs and outgoings.
If you are considering purchasing as an investor, we can set up the finance and explain the tax implications, yes, we are tax-qualified in this area. Professional advice can help to identify most of the potential problems and structure the investment correctly.
While it may be possible to make some general considerations regarding buy to let properties, it is always essential to tailor any advice to one’s financial situation and aspirations.
All of our staff are qualified financial advisors, Derek has a Diploma in mortgage lending and is a specialist in investment assets as well as being a certified financial planner, together with a diploma in Retirement planning.
The pros resulting from properties to rent in Ireland are numerous and having your buy-to-let investment will be an excellent option for your retirement, generating a comfortable income to extend your pension.
But if that is too far down the road for you, you can also keep in mind that well-located property ownership could save you months of rent when your children move out for college or to start their life outside your household. This is becoming more and more relevant since many young individuals are having trouble giving their first step into property too.
Property ownership for investment is also an excellent and reliable option to branch out your investment portfolio if you already have investments in other assets such as shares or cash. Another significant aspect of this option is that associated costs as stamp duty on residential property buying and legal fees have remained reasonable.
Get in touch to see how we can help you if you are a business owner, you might already have enough and are financially independent, phone us on 018027670 or 01 8027669.
Financial Architects t/a Financial Architects ltd is Regulated by the Central Bank Of Ireland.