Property Transfer Fees in Cyprus


The fees charged by the Department of Land and Surveys for the transfer of immovable property are:

Property Price

 

Rate

 

Fee

 

Accumulated Fee

First €85.000

 

3%

 

€2.550

 

€2.550

€85.001 to €170.000

 

5%

 

€4.250

 

€6.800

Over €170.000

 

8%

       

 

Properties subject to VAT are exempt from the above transfer fees.
Properties not subject to VAT are eligible for a 50% exemption from the above transfer fees.

 

 

Example 1

           

 Example 2

 

No transfer fees payable for properties with VAT.

         

50% transfer fees payable for properties without VAT.

 Property Price (net of VAT)

 €500.000

         

 Property Price

 €500.000

 Transfer fee

 €33.200

         

 Transfer fee

 €33.200

 Transfer fee now

 €0

         

 Transfer fee now

 €16.600

 Saving

 €33.200

 

 

   

 

 Saving

 €16.600


 For more information, feel free to contact us.

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