Transfer Fees in Cyprus
Transfer fees are paid to the Land and Surveys Department in order for the property to be transferred and registered in the purchaser’s name and are circulated as follows:
|Property Price||Rate||Fee||Total Fee|
|€85.001 to €170.000||5,0%||€4.250||€6.800|
|Over €170.000||8,0%||Based on purch.price||Based on purch.price|
The following apply for properties purchased between the 2nd of December 2011 and 31st of December 2016:
a) No transfer fees are applicable for property purchasers who pay VAT on the purchase.
b) A discount transfer fee of 50% is applicable for properties that are not subject to VAT.
Please feel free to contact us for more information.