Mahon House features one and two bedroom apartments over five floors, commercial space on the ground floor, ample car parking and a landscaped court yard.
The entire development qualifies for Section 23 type benefits under the
Limerick City Urban Renewal Integrated Area Plan.
All apartments will have fresh and functional interiors full of light and space. Clean modern lines combined with serious specification work together to create a contemporary air of sleek sophistication





Urban Renewal provides Section 23 type tax relief. It is a tax deductible rental ("Case V") expense or loss. Any rental loss created as a result of this deduction may be set-off against any other Irish rental income of the taxpayer in the current or subsequent periods.
To illustrate how this relief can be used, take the following example.
An apartment costing €200,000 may have a 90% qualifying cost of construction of €180,000. The qualifying cost of construction is, in effect, the "Section 23" type allowance/deduction and can be written off against all Irish rental income in the first letting year. Thus, a landlord with sufficient other Irish rental income could potentially save €79,200 in tax (assuming the landlord pays income tax at the marginal rate of 42% plus 2% levies), reducing the cost of the apartment to €120,800 (before stamp duty). Any unused relief can be carried forward against any Irish rental income indefinitely.