Calculator

Transfer Fees and Stamp Duty Calculator

This special calculator is designed to calculate the taxes you need to pay when you buy a property in Cyprus.

When registering property in your name, government fees are charged. Their amount depends on the market value of the purchased property.

Please note: if you pay VAT (Value Added Tax) when buying a property, some fees may be reduced or waived. In addition, stamp duty must be paid when registering the sale and purchase agreement with the Land Registry.

Purchase Price

The above calculation is an approximate indication for information purposes. It does not constitute professional advice.

Calculation breakdown

Transfer fees

Property value (€)

%

Up to 85,000

3

85,001 – 170,000

5

Over 170,001

8

The Cyprus Parliament announced the abolishment or reduction of the property transfer fees on
the
following cases:

 

  • 1. Total exemption from transfer fees, if the transfer relates to a transaction that is subject to VAT
  • 2. In case a transaction is not subject to VAT (e.g resale property), the legislation provides an exemption of 50% on the amount of transfer fees. This exemption is taken into account by the calculator.
  • 3. In case a property is registered as a sole property in a Company & the transaction involves the purchase of that company/property, then the buyer receives a total exemption from transfer fees.

Stamp Duty

Property value (€)

%

First 5,000

0

Above 5,000 Up to 170,000

0,15

Over 170,001

0,20

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