Understand the Full Cost of Buying Property in Cyprus
When purchasing a property in Cyprus, the purchase price is just part of the picture. Buyers should also budget for a range of additional costs including transfer fees, VAT (on new builds), and legal fees.
Our free calculator gives you an instant estimate of these costs based on your purchase price, property type, and number of buyers, so there are no surprises along the way.
2026 Rates
Cyprus Property Purchase Cost Calculator
Estimate transfer fees and VAT based on your purchase price and property type.
Purchase details
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Applies to all new builds.
Applies to the first 130m² of a primary residence. Property must not exceed 200m² or €475,000 in value, subject to qualifying conditions.
Cost breakdown
Enter a property price to see the cost breakdown
Transfer fees
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VAT
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Total additional costs
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Indicative estimates only — not legal or financial advice. Costs may vary depending on specific property circumstances and applicable legislation at time of purchase. Consult a licensed legal professional before proceeding.
Costs Explained
Transfer Fees
Transfer fees are paid to the Cyprus Land Registry when the title deed of a property is transferred into the buyer’s name. They are calculated on a progressive scale based on the property’s market value. A 50% discount currently applies to most transactions. If VAT has been paid on the property (as is typically the case for new builds), transfer fees are not applicable.
VAT
VAT applies to new properties purchased directly from a developer. The standard rate is 19%. A reduced rate of 5% may apply to the first 130m² of a property being purchased as a primary residence, subject to qualifying conditions. VAT does not apply to resale properties.
Stamp Duty
Stamp duty was abolished in Cyprus with effect from 1 January 2026. No stamp duty is payable on any property purchase contracts signed on or after that date.
Legal Fees
Engaging a licensed lawyer is strongly recommended when purchasing property in Cyprus. Legal fees typically range from 0.5% to 2% of the purchase price and cover due diligence, contract drafting and review, Land Registry registration, and title deed coordination.
This calculator provides indicative estimates for guidance purposes only and does not constitute legal or financial advice. Actual costs may vary depending on specific property circumstances and applicable legislation at the time of purchase. Stamp duty has been abolished in Cyprus from 1 January 2026. VAT applies to new properties purchased directly from a developer. For joint purchases, the property value is split between buyers for transfer fee calculation purposes. Please consult a licensed legal professional for a full cost assessment before proceeding with any purchase.
