Help & Information
Property Purchase Price
The agreed purchase price determines your stamp duty liability and, for some transactions, the level of registration fees charged by the Property Registration Authority (PRA).
Frequently Asked Questions
How is stamp duty calculated in Ireland?
For residential property the current rate is 1% on the first €1,000,000 and 2% on any excess. For non-residential property the rate is 7.5%. Your solicitor will calculate the exact amount due when contracts are ready to sign.
Do I need the exact price now?
Yes. Stamp duty is calculated on the euro amount written in the contract for sale. Entering the agreed figure now ensures your quote is accurate.
What happens if the price changes?
If the price is renegotiated (for example after a survey) your quote will be updated automatically once you amend the figure in this form.
Helpful Tips
- •
Prices of €1,000,000 or more attract higher stamp duty.
- •
Remember to include any extra payments for contents or fixtures in the contract price – they are usually dutiable.
- •
Bank transfer limits can delay completion – arrange large transfers in advance.
Useful Resources
Need more help? Our conveyancing experts are just a phone call away.
Contact Support