You are here Home Frequently Asked Questions I’m about to sell a small holiday home for €12,000. Will I be taxed on any capital gain? I’m about to sell a small holiday home for €12,000. Will I be taxed on any capital gain? Print Share on Facebook Share on Linkedin Share on Twitter Share on Facebook Share on Linkedin Share on Twitter No. Article 150 U 6° of the General Tax Code states that the sale of property for under €15,000, whether a main or secondary residence is exempt from capital gains tax (BOI-RFPI-PVI-10-40-70).