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. . .
Transfer Fees Property /
Registration
. . .
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The Rates are on a graduated scale : |
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VALUE OF PROPERTY IN CYPRUS POUNDS |
TRANSFER FEE RATE (%) |
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Up to 50.000 |
3 |
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From 50.000 - 100.000 |
5 |
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Over 100.000 |
8 |
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Example: If
the purchase price is CYP £ 80,000 : |
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VALUE |
TRANSFER FEE
RATE (%) |
TRANSFER FEE |
|
The First |
CYP £ 50,000 |
3 % |
CYP £ 1,500 |
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The Next |
CYP £ 30,000 |
5 % |
CYP £ 1,500 |
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Total: CYP £ 3,000 |
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