For information on real estate at Doonbeg Golf Club,
please conatct one of our sales executives or email:
realestate@doonbeggolfclub.com
. . . . . . .
U S A
Leonard L. Long, Jr.
(or Executive Assistant, Theresa Cantwell)
Kiawah Development Partners
Two North Adger's Wharf
Charleston, SC 29401 USA
Telephone, from USA
Office: 843-958-8472
Mobile: 843-860-6265
Fax: 843-723-2058
IRELAND & EUROPE
Ed Tovey
Doonbeg Golf Club, Doonbeg
County Clare, Ireland
Telephone, from Ireland
Office: +353 (0)65 9055600
Mobile: +353 (0)87 6085363
Home: +353 (0)65 9083913
Fax: +353 (0)65 9055247
Brendan A. Murphy
Doonbeg Golf Club, Doonbeg
County Clare, Ireland
Office: +353 (0)65 9055600
Mobile: +353 (0)86 2284179
Fax: +353 (0)65 9055858
. . . . . . .
Tax Scheme
• Irish Purchasers have the option to participate in an
Irish Tax Scheme under a Government approved initiative to provide
quality tourism accommodation. Under the scheme, referred to as the Holiday Cottage Scheme, it is estimated that purchasers can
offset over a 10 year period approximately 75% of the eligible
portion of the purchase price as a tax allowance against rental income
from all Irish properties owned by the purchaser.
More details of the Tax Scheme are included in the Taxation
Memorandum prepared by BDO Simpson Xavier.
Contracts to Purchase Cottages
• Purchasers will enter into a Contract with the Developer
for the purchase and construction of the Cottage. You
may deem it advisable to retain an Irish attorney (i.e., a
Solicitor) to represent your interests.
Value Added Tax Refundability
• Value Added Tax ("VAT") at 13.5% will be payable by
Purchaser in addition to the purchase price. However, to
the extent that the Cottage is made available for
overnight leasing/rental (for full charge) through
Doonbeg Golf Club or its designee acting as rental agent
for the Cottage owner, this VAT may be reclaimed. VAT of 21% is payable on fitout.
To obtain the VAT refund a commitment shall be
given by the Cottage owner as to minimum periods of
availability for rental. Doonbeg Golf Club or its designee
will deliver to the Irish VAT authorities that documentation
so as to seek the amount of refund claimed.