The fees charged by the Department of Land and Surveys to the acquirer for transfers of immovable property are as follows:

Market value Rate Fee Accumulated fee
First 85.000 3 2.550 2.550
From 85.001 to 170.000 5 4.250 6.800
Over 170.000 8 ……. …….

In an effort to revive the real estate market, sale-purchase contracts concluded between 2 December 2011 and 31 December 2016, which are subject to VAT will be exempt from the above transfer fees and those not subject to VAT will be eligible for a 50% exemption from the above transfer fees (subject to conditions).

In the case of property transferred to a family company, transfer fees are refundable after five years if the property remains with the company and the shareholders remain the same.

In the case of property transferred from a company whose shareholders are spouses and/or their children, to one of the two spouses, or their children or to a relative up to third degree of relation the transfer fees are
calculated on the value of the property as follows:

  • if the transfer is to a spouse – 8%
  • if the transfer is to a child – 4%
  • if the transfer is to a relative – 8%

Also the following rates are applicable in the case of free transfers:

  • from parents to children – 0,2%
  • between spouses – 0,4%
  • between third degree relatives – 0,4%
  • to trustees €50

‘Value’ in these cases refers to values as at 1 January 1980.

Mortgage registration fees are 1% of the current market value.

In the case of companies’ reorganisations, transfers of immovable property are not subject to transfer fees or mortgage registration fees.

Transfer fees by the Department of Land and Surveys 08/09/2014