First time buyers are exempt from stamp duty on new and second-hand houses and apartments.

Stamp duty rates on residential property from 5 December 2007

New houses and apartments with a floor area greater than 125 square metres and a Floor Area Compliance Certificate

Chargeable consideration	Owner Occupier
Up to €125,000	Exempt
Next €875,000	7%
Balance	9%

Rates of stamp duty for second-hand houses and apartments for owner-occupiers (and investors buying new or second-hand houses and apartments)

Property Value	Rate
Up to €125,000	Exempt
Next €875,000	7%
Balance	9%

Rates of stamp duty on land/housing sites without residential buildings

Up to 10,000 euro	Exempt
10,001 euro - 20,000 euro	1%
20,001 euro - 30,000 euro	2%
30,001 euro - 40,000 euro	3%
40,001 euro - 70,000 euro	4%
70,001 euro - 80,000 euro	5%
80,001 euro - 100,000 euro	6%
100,001 euro - 120,000 euro	7%
120,001 euro - 150,000 euro	8%
Over 150,000 euro	9%

For more information on stamp duty please visit www.oasis.gov.ie.