1. Buying in Ireland is largely similar to that of the UK, although as well as purchasing through an estate agent, buyers can do so via auctioneers who are listed in local press and online.
Credit: SWS Property Services
2. Stamp duty is levied on the purchase of all second hand residential property over the value of £150,000. Second home owners (overseas citizens included) pay a percentage of the property's value at the following rates ranging from E127,001 (£89,000) to E190,500 (£133,000) = 3 per cent, up to E635,001 (£444,000) and over = 9 per cent. N.B. the applicable rate is charged on the full purchase price, not just the portion of the price above the threshold.
3. A fee is payable to the Land Registry of approx E430 (£300) to register the deed transfer into the buyer's name.
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