NEW HOMES
The amount of stamp duty payable depends on your status as a buyer, the type of property you are purchasing and the size of the property.
First-time buyers who plan on living in the property are exempt from paying stamp duty on new homes.
Owner-occupiers purchasing a property where the floor area is less than 125 square metres are also exempt from paying stamp duty.
For investors and owner occupiers buying property where the floor area is over 125 square metres, the following stamp duty rates apply:
| PROPERTY VALUE | RATE APPLICABLE |
|---|---|
| Up to €125,000 | Exempt |
| Next €875,000 | 7% |
| Balance | 8% |
These rates are for guidance only. Purchasers should contact a solicitor to clarify duty payable.
