Clarion Hotel, Dublin - Asset Backed Tax Based Investment for tax year 2007
Status: Next Phase being launched

Investor Benefits

• Unit Purchase Price €495,000
• Equity required €49,500
• 3.5% net yield guaranteed rising to 4% from year 4
• 100% rental income tax relief available
• €241,386 tax saving over 7 years
• 85% Buyback guarantee in year 8
• 90% Bank Financing in place
• Strong Covenant with strong hotel operation
• Hotel already operational and profitable

Prime Wealth Management has specialised in providing strong covenant, asset backed tax incentive investment opportunities. Working closely with leading hotel operators, Prime Wealth Management has created innovative structures that provide financing and guaranteed annual income. This ensures that the likely returns are not influenced by any unforeseen movement in the property market and client's are in full control.

Prime Wealth Management, identified The Liffey Valley Clarion Hotel development as an ideal opportunity for its clients to avail of beneficial rental income tax allowance whilst having the security of a 21 year lease with a leading hotel marquee which was already operational. Prime Wealth Management put together a strong advisory team to assist clients including, CBRE, Bank of Scotland Ireland, LK Shields Solicitor's and Farrell Grant Sparks who acted as tax advisors.