Cyprus Property Stamp Duty - Purchase Contract - 30 days from Contract Signing

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Cyprus Property Stamp Duty on Signing your Purchase Contract

Cyprus property stamp duty is payable on your Cyprus property investment or new home when your lawyer has finalized the purchasing contracts. Stamp duty is payable by the purchaser at the rate of C£1.50 per C£1,000 (thousand) up to the value of C£100,000 and thereafter at the rate of C£2 per C£1,000 (per thousand).

Cyprus property stamp duty payable if the purchase price is C£150,000:

First C£100,000 @ 1.5‰	C£150
Next C£50,000 @ 2.0‰	C£100
Total	C£250

Note: The purchase contract must be stamped within 30 days of its signing and deposited at the District Land Register Office within a maximum of 60 days.

Note: If you do not stamp the contract and you subsequently have a dispute, you will have to stamp the contract and pay a small penalty.

For further information on Cyprus property stamp duty contact us or please contact:

Joanna Koukounis - Lawyer - Legal Consultant - in Paphos, Cyprus.

Tel: 00357-26944077 E-mail: koukjoan@spidernet.com.cy

Click below links for any information page.

Cyprus Property Lawyer - Real Estate Agents in Cyprus - Transfer Tax-fees - VAT

Council of Ministers - Bank of Cyprus - Mortgages in Cyprus

Immovable Property Tax - Capital Gains Tax - Residence Permit in Cyprus

Cyprus Income Tax - Work Permit in Cyprus - Overseas Mortgages

Transfer Money to Cyprus

Andrew Sharpe, a British expatriate, has been living in Cyprus since 1977. He is married to a Cypriot and has four children. Thanks to the many years he has lived in Cyprus, he is able to offer a hands-on approach to the many unknowns that may await any prospective resident, providing a very relaxed helpful, information service for property sales. Cyprus property has offices in all the island's major towns, i.e. Nicosia, Limassol, Paphos/Pafos, Protaras, Larnaca/Larnaka and Platres. Details on property finance, property sales, laws on purchasing property in Cyprus. Regular web site updates.

E-mails replied to within 24 hours.

Cyprus Fax/Tel 0035725571715 Mobile 00357 99537985 E-mail andrew@cyprusprop.com

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Cyprus Property Stamp Duty on Signing your Purchase Contract

C£250