The good news is that once you complete your property valuation for the new property tax period, you won’t have to do it again until 2030. This new value will determine how much property tax you will have to pay over the next five years. Thus, most of us should expect a tax increase of about 5-6 per cent, for properties valued at under €1.26 million. [ Local property tax revaluation is looming. Mobile homes – even if occupied – house boats and camper vans, are not deemed to be liable for property tax.