Anso Consulting Ltd

Cyprus Land Transfer Fees

 

Land Transfer ("Real Estate in general") fees are imposed by the Lands Registry in order to transfer Freehold ownership to the name of the purchaser. The transfer fees are due for payment when the transfer of the title deed in the name of the purchaser takes place. The Purchaser is solely responsible for the payment of the transfer fees. The rates are on a graduated scale. If the property is in joint names e.g. of a couple (husband and wife) or two individuals, then the purchase value is divided into two parts which results in reduced transfer fees.

However: • No transfer fees are payable if VAT is applicable upon purchasing the immovable property. • The above transfer fees are reduced by 50% in case the purchase of immovable property is not subject to VAT.

Value of Property 
(€)

Transfer Fee Rate
(%)

up to 85.000

3

from 85.001 to 170.000

5

from 170.001 and over

8


 

Cyprus Tax Information

The links below will provide you with more detailed information on the main sections related to the Cyprus taxation.