CGT on PPR with garden of 1.5 acres

[facetious]

Hi all,
What is the situation as regards CGT on the sale of a PPR which is on more than 1 acre, as in my example of, say a house on 1.5 acres.

 

[dublin67]

My understanding is that your can claim PPR on a house and one acre of grounds. The other limiting factor with PPR is that you can only claim its current use value (i.e. its current value when sold as a house with one acre of land and not, for example, as a development site for four houses).

 

[Joe_90]

Ya house and up to 1 acre. So the question is what is the 1/2 acre worth???? Depending on its location a 1/2 acre site might be worth €100k whereas a 1/2 acre field might be €5k.

If it’s the garden down to the road type then it’s probably field value.

 

[facetious]

Thanks for that folks. I don't have a house (just an apartment dweller) but was just wondering what the situation was.