Property transfer fees
Land Registry transfer fees on a Cyprus purchase, including the 50% reduction when VAT is not charged and the exemption when it is.
Sources
The scale is Chapter 17 of the Department of Lands and Surveys (Fees and Charges) Law, Cap. 219: 3% to €85,000, 5% from €85,001 to €170,000 and 8% above that, on the contract price or the market value if the Director does not accept the price. Gov.cy states a total exemption where the transfer is a transaction subject to VAT, and a 50% exemption where it is not. The DLS sale notes add two limits: the 50% reduction is not given where the seller acquired the property in a forced sale under Parts VI and VIA of the Transfer and Mortgage Law 9/1965, and a contract not deposited within six months can increase the fee by 10% when title is transferred. Fees are shown per equal share because the scale is applied to the value each buyer takes. Unequal shares should be entered as separate calculations.