Local Property Tax is small money next to a mortgage, but it follows the house and it is one of the few costs you can pin down exactly before you buy.
The bands
Owners revalued their homes on 1 November 2025 and the new bands apply from 2026 to 2030. Band 1 runs to €240,000 at a basic charge of €95; the bands then widen in steps to €2.1 million, above which the tax is a percentage of the value. Each council can adjust the basic rate by up to 15% either way, so the same band costs different money in Cork County and Dublin City.
What you inherit
The valuation is fixed for the period, so if the seller declared band 2 in November 2025 and you pay a band 3 price in 2027, you keep paying band 2 until 2030. That is legal and normal. What is not normal is an undervaluation so far below the price that Revenue queries it on the sale; solicitors check the LPT history before closing and any arrears must be cleared by the seller.
Checking
Revenue publishes the bands and every council’s adjustment factor. Take the likely price, find the band, apply the local factor. The report does this for the Eircode from the last registered sale and the current local factor, alongside the sale history and the rents around it, so the carrying cost is on one page with everything else.