Mayo TD Keogh welcomes new derelict property tax

Mayo TD Keira Keogh has welcomed the introduction of the new Derelict Property Tax, which will replace the current derelict sites levy.

The new measure aims to incentivise property owners to bring unused properties back into productive use or put them on the market.

“This is a positive step forward. People will take Revenue seriously, and this will encourage real action on dereliction, allowing us to bring vibrancy back into our towns again,” Deputy Keogh said.

The tax is due to take effect in 2027, following a phased implementation:

2026 – Local authorities will begin identifying derelict properties.

2027 – A preliminary list will be published, and the tax will come into effect later that year.

Deputy Keogh urged property owners to use the time between now and 2027 to act:

“There are supports available to help bring vacant properties back into use, such as the Repair and Lease scheme and the Vacant Property Refurbishment Grant.

"Owners should engage early and make use of these opportunities rather than waiting for the tax to apply.”

According to Mayo’s register, 287 vacant and derelict units are currently listed in the county.

Deputy Keogh also highlighted that local authorities should look to draw on the Urban Regeneration and Development Fund (URDF), which has an increased national budget of €300 million this year.

She encouraged anyone aware of a vacant home to log it on the government’s Vacant Homes portal to help identify properties suitable for regeneration.

Deputy Keogh also noted the increased funding for the remediation of defective homes, including those affected by pyrite apartment defects, and defective concrete blocks. Funding for this has risen from €105 million to €293 million.

However, she also expressed frustration at the pace of progress:

“Many homeowners are still waiting for the increased grant rates announced in October 2024 to apply retrospectively.

"Legislation has been prioritised on the Autumn schedule, but people need clear assurances that if they sign off on their rebuilt home now, they will still be entitled to those retrospective payments. This uncertainty is causing unnecessary stress and delays for families who have already suffered enough.”

Deputy Keogh concluded by reaffirming her commitment to ensuring Mayo communities benefit from these new measures:

“These measures will help to restore pride in our towns, and make sure every derelict building is seen as an opportunity to bring life back into our communities.”