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2019 Entitlement Market Value

  • 12-06-2019 10:52PM
    #1
    karolmc100
    Registered Users, Registered Users 2 Posts: 283 ✭✭


    Any idea on what would have been the multiplication factor this year for entitlements valued at 203


Comments

  • #2
    wrangler
    Registered Users, Registered Users 2 Posts: 11,650 ✭✭✭✭wrangler


    karolmc100 wrote: »
    Any idea on what would have been the multiplication factor this year for entitlements valued at 203

    1.5 to 2 is what I've heard about
    I'm sure you're aware that the national reserve will claim 20% of them and Capital Gains Tax will take 33% of the money
    This Is the third year That I'm leasing them out for 65 -70%, of their value... a far better Idea as far as I'm concerned,..... with all the deductions you'd be lucky to end up with 70% from a sale


  • #3
    Siamsa Sessions
    Moderators, Society & Culture Moderators, Paid Member Posts: 4,687 Mod ✭✭✭✭Siamsa Sessions


    We bought some in 2018 for 2.1 times the value. They were low-value ones which came up a bit and we'll have our money back once the payment comes thru later this year.

    Bought more in 2019 for 2.3 times the value. These were worth €214 and I don't expect them to increase in value. If anything they might decrease slightly. But CAP doesn't look like it's changing before 2021 so we should have our money back at that stage.

    I got some great advice from someone on boards.ie but I don't want to embarrass him so won't name names!


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