Early An Caislean investors scoop profits

THE early birds into An Caislean, a house development in Ballincollig, made money from the start.

Early An Caislean investors scoop profits

A number of investors who bought here in the first phase of houses had only to pay a €5,000 deposit, and have since sold on their properties which were free of stage payments, and have netted up to €30,000 after costs and capital gains taxes.

Global Properties declined to confirm reports that one investor had deposits on a handful, and walked off with €250,000 for what amounted to little more than paper-work but they are happy to talk about the next phase of sales, apartments.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €120 €60

Best value

Monthly €10€5 / month

More in this section

Revoiced

Newsletter

Sign up to the best reads of the week from irishexaminer.com selected just for you.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited