Cyprus: 20% capital gains tax on property sales, transfer fees of 3 to 8%
Gains on selling property in Cyprus are taxed at 20%; lifetime allowances from 2026 are EUR 30,000 in general and EUR 150,000 for a main home. Transfer fees are 3% up to EUR 85,000, 5% up to EUR 170,000 and 8% above; a 50% discount applies if the sale is without VAT, and no fee is due on a purchase with VAT. There has been no property tax since 2017.
What this changes in the calculation
Transfer fees on a EUR 200,000 resale apartment without VAT are EUR 9,200, EUR 4,600 with the 50% discount (2.3% of the price); a new build bought with VAT has no fee.
- Status
- verified
- Published