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Must I pay CGT (= Capital Gain Tax) - and how much?

Hello,
1994 me and my married wife bought a cottage + 4,5 acres of rough land as a holiday retreat in Ireland (Republic). We didn't live permanently there but invested much work and money in renovations and repairs, then rented the cottage out to holiday-guests. - Now we're thinking about selling the whole property. My wife and me are both equally owners. We are living in Germany. - Can anyone tell us how much CGT we will expect having to pay to the irish revenue? - Does anyone know how to avoid this tax? - How do we have to proove our gains (if there are any...)?
Thanks in advance for your comments.

According to this page http://www.citizensinformation.ie/catego... , I don't think you are exempt from capital gains tax, because you did not live in the house. The same page also tells you how to submit your return for CGT. This link http://www.revenue.ie/leaflets/cgt1.pdf is a guide to CGT (it's a pdf document).

why worry at your age give them the lot now

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