Total Purchase Taxes
If buying as an individual
If buying on joint names
Transfer fees is a progressive tax paid by property purchasers to the land registry when the title deed of the property is transferred to their name. For newly built properties, if VAT is paid on the property, no Property Transfer Fees are payable.
Up to 85,000
3
0
Above 85,000 Up to 170,000
5
0
Above 170,000 +
8
0
Total TF due as individual
0
Total TF as individual after discount (50%)
0
Up to 170,000
3
0
Above 170,000 Up to 340,000
5
0
Above 340,000 +
8
0
Total TF as joint
0
Total TF as joint after discount (50%)
0
Stamp duties is tax paid by property purchasers when the property sales agreement is registered with the land registry.
First 5,000
0.00
0
Above 5,000 Up to 170,000
0.15
0
Above 170,000 +
0.20
0
Total SD due
0
This tax calculator is designed to give you an indication of your tax liability when buying a freehold property in Cyprus. All calculations are rounded to the nearest euro. In some cases, the Cyprus Land Registry calculations may be different to what is shown above. For a detailed quotation you may contact one of our lawyers.