Lower level of stamp duty is key to house in Donnybrook

Dublin 4: €875,000: Substantially reduced stamp duty is one of the attractions of a newly built house at Beech Hill Avenue in…

Dublin 4: €875,000: Substantially reduced stamp duty is one of the attractions of a newly built house at Beech Hill Avenue in Donnybrook, Dublin 4, which is for sale by private treaty through agent Douglas Newman Good at €875,000.

Buyers will pay stamp duty on the value of the site alone, which works out at approximately €33,000 - substantially less than the €78,750 that would apply for a second-hand house of the same value.

First-time buyers would pay even less - approximately €27,000, though it is hard to imagine that there are many of those around in this price bracket.

The location - close to Donnybrook village - and the fact that the house has been finished to a high standard and is ready to move into, is more likely to attract affluent downsizers from the immediate neighbourhood who want an easily maintained home.

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Located off Beaver Road, which connects Donnybrook with Clonskeagh, the detached house, built in the side garden of an older property, has around 145sq m (1,560sq ft) of living space.

It has an attractive open-plan layout that includes a large kitchen/dining cum livingroom, as well as a second reception room.

There are three bedrooms on the first floor, including the main en suite bedroom.

The entire attic floor is given over to the fourth bedroom - this is the largest room in the house.

There is a small back garden, and there is valuable off-street car-parking in front of the house.

Orna Mulcahy

Orna Mulcahy

Orna Mulcahy, a former Irish Times journalist, was Home & Design, Magazine and property editor, among other roles