Property-Related

Property transfer fees reduced for properties transferred until 31.12.2016
Posted On : 14-07-2015
Good news for property buyers in Cyprus.  By a decision of the House of Parliament, the transfer fees have been reduced to 1/2.  A transfer subject to VAT will be exempt from the above transfer fees.  For all other properties transferred by the end of 2016, the fees charged by the Department of Land and Surveys to the acquirer will be 50% less than existing charges.  
Purchase of new properties in Cyprus - VAT rules
Posted On : 13-01-2014

Since Cyprus’ accession to the EU, VAT is charged on all new property provided the initial application for a building permit was made after the 1/05/2004.

Application for permit to acquire immovable property in Cyprus by a foreigner (Non-EU)
Posted On : 01-03-2012

The following information and/or documents will be required in order for the permit to be issued by the Council of Ministers for the acquisition of immovable property by foreigners.

Changes to the Law regarding the acquisition of property in Cyprus
Posted On : 08-02-2012

On 16.12.2011, the Immovable Property Acquisition (Aliens) (Amendment) Law No. 161 (1)/2011 has been voted.

Cyprus Property Transfer fees
Posted On : 09-01-2012

The ‘completion’ of a property transaction

Acquiring Immovable Property in Cyprus by Non EU nationals
Posted On : 29-04-2011

Real Estate Purchasers from all countries around the world prefer to purchase property in Cyprus because of low taxation, low costs, high standards of living, the hospitality of the local population, the excellent all year round climate, safety and security.

Acquiring Immovable Property in Cyprus by EU Nationals
Posted On : 29-04-2011

Real Estate Purchasers from all countries around the world prefer to purchase property in Cyprus because of low taxation, low costs, high standards of living, the hospitality of the local population, the excellent all year round climate, safety and security. 

Office Address: 5 Amathountos street,
Pirilides Building, 4th-5th Floor,
3105 Limassol-Cyprus 51252, 3503