LPT After the 2026 Revaluation: What Your Next Home Costs Each Year

If you buy a home in Ireland in 2026, one of the first bills that follows you through the door is the Local Property Tax (LPT). The tax was revalued for the 2026–2030 period: every residential property’s LPT is now based on its self-assessed market value at 1 November 2025, and Revenue published a new set of valuation bands to go with it. Here is what the revaluation actually changes, how your council can move the bill by up to 15% in either direction, and what to check before you close.

Revenue charges LPT through 19 valuation bands. Up to a valuation of €2,100,000 you pay the fixed charge for your band — not a percentage — which is why two houses that differ by €5,000 in value can carry an identical LPT bill. These are the bands for the current valuation period:

Note the shape: the steps are modest up to €1,260,000, then the mid-rate rises to 0.25% and the jumps get steeper — the charge goes from €1,094 to €1,272 across that boundary. Above €2,100,000 the property isn’t banded at all: Revenue charges the declared value directly on a tiered percentage basis, so the bill scales with every euro of valuation.

The band charge is only the starting point. Each of Ireland’s 31 local authorities votes annually on a Local Adjustment Factor (LAF) that can raise or lower the base charge by up to 15%. Revenue publishes the adopted table alongside the bands. For 2026, most rural counties applied the full +15%, while several Dublin authorities cut the rate — the same house value can carry a meaningfully different bill depending on which side of a county boundary it sits.

The same €350,000 valuation, in three different local authorities, using the 2026 adopted factors:

Because councils revisit the factor every year, the LAF is the part of your LPT that can change annually even though the bands are fixed until 2030. Our county pages carry the current factor for every local authority — see property tax in Dublin, Cork or Galway.

• The liability date is 1 November. Revenue’s rule is that whoever owns the property on 1 November is liable for the following year’s LPT. Buy in October and you’re the owner on the liability date — next year’s bill is yours; buy in December and the seller was, so next year’s liability is theirs. In practice the amount is apportioned between the parties at closing either way.
• Your solicitor checks LPT is up to date. Outstanding LPT is a charge on the property, so conveyancing includes confirming the seller’s payments and valuation history before completion.
• Check the declared band against the price you’re paying. The seller self-assessed the value at 1 November 2025. If the sale price puts the property well above the declared band, ask your solicitor about it before closing rather than after.
• Budget the LAF, not just the band. A +15% county adds €35 a year to a €235 band-2 charge. Small money against a house price — but it’s a permanent running cost, and it sits alongside insurance, heating and commuting in the true cost of an address.