Contact Info
Address:
Head Office
2 Artemidos Str.
8041 Kato Pafos
P.O.Box 60251 8101 Pafos-Cyprus
T: +357-26910888 F: +357-26220678
On-going expenses
The registered owner of a property is liable for an annual tax, based on the value of the property.
| Value CYP | Annual tax per thousand |
| Up to 100,000 | exempt |
| 100,001 to 250,000 | 2.00 |
| 250,001 to 500,000 | 3.00 |
| Over 500,000 | 3.50 |
However, the charges are based on the current market value of the property as at 1st January 1980. In practice therefore, this means that you are unlikely to be liable for the tax as the law stands at present.
Other Links
- Price and payment terms
- Solicitors
- Banks
- Specific Performance
- Approval of the Council of Ministers
- Selling your property
- Capital Gains Tax
- Inheritance Tax
- The Cost of Purchasing and On-Going Expenses
- Property Transfer Tax
- Stamp Duty
- On-going expenses
- Local authority tax
- Maintenance charges
- Home insurance
- Living expenses
- Personal taxation
- Retirees
- Income tax and NI
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