Purchasing and selling of immovable property
From Department of Housing, Local Government and Heritage
Published on
Last updated on
From Department of Housing, Local Government and Heritage
Published on
Last updated on
Before buying a property, it is important to check the Property Price Register to help you find out the average prices of properties in the area you are interested in buying. It is also advisable to ensure that you are using a licenced Property Service Provider.
You can check both at:
You may have to pay stamp duty charges for you new property. If you are a first-time buyer, and you are purchasing a new build home, you may be entitled to the Help to Buy Scheme.
Learn more about Stamp Duty and the First-Time Buyers Grant here:
If you are selling a house, you may have to pay Capital Gains Tax on the money you receive from the sale. However, if the house is your main home, you may be entitled to claim Principal Private Residence (PPR) relief.
Learn more about Capital Gains Tax and Claiming PPR relief here:
As mentioned above, you may have to pay Capital Gains Tax (CGT) on the proceeds of a house sale. CGT is the chargeable gain that is taxed, and does not include the entire amount that you receive. The chargeable gain is usually calculated as the difference between the price you paid for the property and the price you sold it on for.
Learn more about Capital Gains Tax and Claiming PPR relief here:
Homeowners who want to record a property transaction can either choose to register a title by opting for Land Registry or register the deeds of the property by choosing the Registry of Deeds option. Both services can be carried out by a solicitor with The Property Registration Authority.
Learn more about Land Registry and Registry of Deeds here:
If you want to change the use of your property, even if you are not making physical changes to the premises, you may be required to obtain planning permission. Contact your Local Authority for more information.
Learn more about changing the use of your home here:
Find your Local Authority here:
The Local Government (Charges) Act 2009, as amended by the Local Government (Household Charge) Act 2011, introduced a €200 annual charge on second homes. The charge must be paid by the owners to the local authority in the area where the property is located.
You can learn more about the payments on a Non Principal Private Residence and pay related rates here: