On top of the price
€0
- Transfer fees
- €0
- VAT at 19%
- €0
- Registering the mortgage
- €0
- Stamp duty
- None since 2026
- Price and these costs
- €0
How this is worked out
- Transfer fees are charged by the Department of Lands and Surveys when the title passes to you: 3% of the first €85,000, 5% of the next €85,000 and 8% of the rest, and the fee is then halved. The buyer pays them.
- Two buyers: the scale is applied to each buyer's share, not to the whole price. Two people who buy half each start twice at the lowest rate, so together they pay less than one buyer would.
- New property sold with VAT: no transfer fees are charged. VAT is shown at the standard 19%. A reduced rate of 5% applies to the first 130 m² of a home you will live in as your main home, on up to €350,000 of its value, when the whole home is no larger than 190 m² and costs no more than €475,000. You apply to the Tax Department before the home is handed to you.
- Stamp duty was abolished for every contract signed from 1 January 2026. Older guides still add it; a purchase made today does not pay it.
- If you borrow, the Land Registry charges 1% of the loan to register the mortgage.
- Not included: your lawyer's fee, €50 to deposit the contract of sale at the Land Registry, the bank's own charges, and the yearly local taxes.
Sources: the Department of Lands and Surveys (transfer fees, mortgage registration) and the Tax Department (VAT on property, the end of stamp duty), read on 14 November 2026. An estimate to plan with: the amounts you pay are worked out by the Land Registry and the Tax Department on your own purchase, and your lawyer confirms them. See also who may buy property in Cyprus.