How Much Is Your Home's Worth? Find Out with MTS Property's Help

 
DUBLIN - Nov. 29, 2021 - PRLog -- MTS Property, one of Dublin's trusted real estate companies, are ready to help property owners with their valuation to meet the deadline for submitting their Local Property Tax (LPT) return on the 7th of November 2021.

Owners of residential properties in Ireland are obliged to value their property in compliance with the new LPT system. The property valuation as of the 1st of November 2021 determines the LPT amount that needs to be paid for the next four years, from 2022 to 2025. Those who fail to submit their LPT return may have to pay penalties amounting to €1,000.

With the changes in the LPT system, certain exemptions in the past tax regime no longer apply, which means that owners of these properties need to pay LPT starting 2022. Some examples are new houses purchased since 2013 and properties in 'ghost states' or unfinished housing estates.

Meanwhile, certain properties are still eligible for an exemption, such as dwellings adapted for individuals who are ill or disabled and houses affected by mica, pyrite or other faulty concrete blocks.

However, even properties eligible for an exemption should still be assessed and their valuation submitted to Revenue.

Property owners can use different valuation sources, one of which is to hire a local real estate company.

MTS Property offers property valuation services (https://www.mtsproperty.com/property-valuations/). They have built a reputation for providing unparalleled customer service to property owners selling or letting their houses, apartments or commercial spaces.

MTS Property takes pride in having several qualified real estate agents who are knowledgeable in Ireland's property valuation process. With these agents' know-how and experience in assessing the value of different types of properties, clients can rely on them to provide an accurate valuation that's delivered in a timely manner.

Working with professional valuers like MTS Property's agents (https://www.mtsproperty.com/) eliminates the chance of submitting an undervaluation. Consequently, this enables property owners to avoid the inconvenience of amending their LPT return and paying the penalty.

To request a property valuation, call 014959020 or send them an email at info@mtsproperty.com.

Contact
Louise Byrne
***@mtsproperty.com
End
Email:***@mtsproperty.com
Tags:Rentals
Industry:Real Estate
Location:Dublin - Dublin - Ireland
Subject:Services
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