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ARTICLE · 14 APRIL 2025

Acquiring Cypriot Real Estate

RSM Cyprus
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This paragraph discusses the most important tax implications of the direct purchase of real estate.

CyprusReal Estate and Construction
RSM Cyprus
RSM Cyprus
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Direct Purchase of Real Estate

This paragraph discusses the most important tax implications of the direct purchase of real estate. First, it discusses the impact for resident individuals and non-resident individuals. Thereafter it discusses the impact on resident companies and non-resident companies.

Resident Individuals

Transfer Taxes

Real Estate Transfer Fees are imposed by the Land Registry Office to transfer freehold ownership to the name of the Purchaser. The transfer fees are due for payment when the transfer of the Title Deed in the name of the Purchaser takes place. The Purchaser is solely responsible for the payment of the Transfer Fees. The rates are on a graduated scale.

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