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BREAKDOWN OF PURCHASE AND ONGOING COSTS

ITEM
COST
DETAILS

1. Stamp Duty – Once Off

1.5%

of the official declared value of the property.

2. Property Survey - Once Off
(Included for ETD properties)
€900

For new residential properties only. Issued by the local government, this is a survey conducted by a civil engineer.


3. Electric, water - Once Off
(Included for ETD properties)

€600
Approx. connection fees, payable directly to suppliers.

4. Solicitor Fees - Once Off

€885
On average
5. Power of Attorney - Once Off
€250

For your solicitor to be able to carry out all legal conduct on your behalf.
6. Property Tax - Annual
0.1%

of the declared value of the property, payable to the local government annually. The official declared value of a property is set by the local government and all the taxes are calculated using this figure.
7. Management Fees - Annual

€400 - €600

per annum for apartments

€800 - €1000

per annum for villas


Payable to the management board of the complex.

8. Electricity, Water and Gas

€0.08c/kwatt

electricity bills payable to TEDAS

€0.75c/ton

water bills payable to the local government.

€20

for a cylinder of gas.
9. Income Tax - Annual


Please refer to;

Tax Information