Monday, 28 May 2018

Almost 100 vacant sites listed in Dublin city ahead of June 1st deadline

The old motor tax office, the former headquarters of Independent Newspapers and the derelict City Arts Centre are among almost 100 properties on Dublin city’s Register of Vacant Sites.
Local authorities have just one week to inform property owners they plan to impose levies on their vacant lands which could be used for the construction of housing. However, just 13 of the State’s 31 local authorities have yet published any details of vacant sites in their areas.  Since January, local authorities have had the power to impose a levy on property owners who fail to develop prime housing land. The levy, set at 3 per cent of the value of the land for this year and 7 per cent for subsequent years, will be charged on vacant sites from this year. However, it is not payable until 2019.

Read the full article @ The Irish Times

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