Title Deeds and Transfer Fees

If the house is a resale then the title deed of the acquired property can be transferred immediately, if the agreement is signed and full payment has taken place. Purchasers of a property under construction, or just completed or part of a project must allow about 1-2 years following completion, for the title deeds to be issued and thus the above mentioned process should be followed.

The stamp duties payable by Purchaser on contracts are 0.15% of the value of the property up to €170.860 and 0.20% for over €170.861. The contract should be stamped within a period of thirty (30) days from signing of Agreement.

The property transfer fees are payable to the Land Registry and are calculated to the property's market value:

Value of Property €                Transfer fee Rate
Up to 85.430                         3%
From 85.431 - 170.860          5%
Over 170.860                        8% 

Please note that if the property is bought in two names, the allowances are doubled.

PLEASE NOTE: At the present time, to encourage property sales here in Cyprus, the Government has introduced an incentives for buyers of property here in Cyprus.

Transfer Fees; There is currently a 50% discount for any buyer of Cyprus property at the present time.

We use cookies to provide necessary functionality and give you the best experience on our website. Continue if you are happy to receive all cookies on this site. Read our Cookies Policy.