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Property Buying Costs Calculator
Estimate total costs when buying property in Cyprus
Rates updated: August 2026
VAT and transfer fees never both apply — a purchase subject to VAT pays no transfer fees.
Property Transfer Fees (2026)
- • First €85,000: 1.5%
- • €85,001 – €170,000: 2.5%
- • Over €170,000: 4%
- • Maximum fee: €20,000
These are the effective rates for purchases not subject to VAT, reflecting the 50% reduction currently in force. Transfer fees do not apply where VAT is charged. Excludes mortgage arrangement fees, bank valuation, and stamp duty (abolished from 2026).
VAT on New Builds (2026)
- • Standard rate: 19% on new builds
- • Reduced rate: 5% on a qualifying primary residence, on the first 130 m² and up to €350,000 of value
- • Relief limits: total transaction value up to €475,000 and total buildable area up to 190 m²
The reduced rate is relief for a primary residence, not a general new-build rate. Exceeding either limit means the whole price is charged at 19%. Conditions apply — confirm eligibility with your advisor.