Buying property in Ireland

Who can buy in Ireland

There are no restrictions on who can buy property in Ireland, even if you’re a non-resident and no matter your nationality.

For non-residents, you’ll need a personal public service number for tax purposes to complete your property transaction.

The buying process in Ireland

Once you’ve found a property you would like to buy, submit an offer to the estate agent.

When the offer has been accepted, pay the estate agent a small refundable deposit of 2% to 5% to reserve the property and take it off the market, known as ‘sale agreed’.

Carry out a property survey to assess the property’s condition and obtain a building energy rating report.

Both parties then sign the contract for sale, which is legally binding, and you pay a 10% non-refundable deposit.

Finally, you pay the remaining purchase balance and stamp duty, and a deed of conveyance is drafted to transfer ownership of the property.

Fees and taxes in Ireland

Stamp duty is 1% on the first €1 million, 2% on the next €500,000, and 6% on amounts over €1.5 million.

Legal fees vary, but flat fees usually range from €1,500 to €3,000+ plus VAT or 1% to 2% of the purchase price.

Land registry fees range from €400 to €800, depending on the property price, and mortgage registration is a flat fee of €175.