Pension Property Case Studies

Employee: Has Pension from Ex-employer
Fiona worked for a large multi-national firm for 13 years, during which she contributed to a company pension fund now worth €150,000. Although she is in new employment, she is interested in using her pension fund to buy property worth €210,000.
Read Case Study
Teacher: Has Civil Service Pension, No Other Benefits
Matthew is a school principal and is entitled to a pension through this employment which will become payable on retirement. He has no other pension benefits. He is interested in buying property with his pension fund. Can this be done?
Read Case Study
Self-Employed: Has Buy Out Bond & PRSA
Aisling is self-employed and has a PRSA worth €250,000. She also has a Buy Out Bond (or Personal Retirement Bond), which is valued at €40,000. Aisling is interested in purchasing a property worth €235,000 through her pension.
Read Case Study
Company Director: No Pension
John is 55 years old and owns his own company. He set this company up 25 years ago but has never contributed to a pension with his earnings. He would like to avail of the pension property opportunity, is this possible?
Read Case Study
Purchasing a Property Through a Pension Vs Personally: Worked Example
Jennifer is interested in buying an investment property in a well located area in Galway, which is on the market for €200,000. She is a higher rate tax payer and her plan is to hold onto the property for 15 years. Jennifer is considering buying the property through her pension but would like to know the financial advantage over buying it personally.
Read Case Study
Retired Sole Trader: Has an ARF
Pat is aged 68 and is a retired sole trader. He took a retirement lump sum at age 65 and now has €360,500 in an Approved Retirement Fund (ARF). He draws down an income of 4% of the fund every year. His current investment returns aren’t matching this draw down and he is concerned that the value of his schemes is falling. He is interested in purchasing a property using a mortgage through the scheme, as he feels the yield will be sufficient to repay the mortgage and contribute to his annual drawdowns. Can this be done?
Read Case Study