Transfer fee rates in 2026
- 3% on the value up to €85,000
- 5% on the value from €85,001 to €170,000
- 8% on the value above €170,000
The bands apply to each buyer's share. Two buyers splitting a €250,000 property each pay on €125,000, which keeps more of the value in the lower bands.
When the purchase is not subject to VAT (most resales), the fees are reduced by 50%. When VAT is paid on the purchase, no transfer fees are due on the VAT-bearing price.
If VAT is paid but the Land Registry values the property higher than the declared price, fees are due on the excess only, charged at the bands it falls into. Example: declared €150,000, valued €200,000 – the €50,000 excess pays 5% on €150,000–170,000 and 8% on €170,000–200,000, so €3,400.
The fees are calculated on the value accepted by the Land Registry, which can differ from the contract price. Stamp duty on property contracts was abolished from 1 January 2026.
Frequently asked questions
How much are transfer fees in Cyprus?
3% up to €85,000, 5% from €85,001 to €170,000 and 8% above €170,000, per buyer's share. Resales without VAT get a 50% reduction, so a €250,000 resale bought by one buyer costs about €6,600 in fees (about €4,550 if bought by two buyers).
Do I pay transfer fees if I pay VAT?
No transfer fees are due on the price that bears VAT. If the Land Registry values the property higher, fees are due on the excess at the rates of the bands it falls into: a property declared at €150,000 and valued at €200,000 pays €3,400.
Is it cheaper to buy in joint names?
Usually yes. The bands are applied to each buyer's share, so two buyers each pay the lower rates on half of the value.
Is there still stamp duty on property in Cyprus?
Stamp duty on contracts signed from 1 January 2026 was abolished. Contracts signed before then were charged 0.15% up to €170,000 and 0.2% above, capped at €20,000.
Sources: Department of Lands and Surveys · Cyprus Tax Life – transfer fees · Lawyer.com.cy – stamp duty abolition. Last checked 14 November 2026.