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Cyprus Property \ Fees & Taxes
Fees & Taxes
Stamp Duty
Due at the time of signing the contract, stamp duty is levied at the rate of C£1.50 per C£1,000 up to the value of CY£ 100,000, and above that the rate is CY£2.00 per CY£1,000.
For Example, if the value (or purchase price) is CY£ 150,000:
|
|
Value |
Stamp Duty (% per CY£1000) |
Stamp Duty Cost |
|
The First |
CY£ 100,000 |
1.5% |
CY£ 150 |
|
The Next |
CY£ 50,000 |
2.0% |
CY£ 100 |
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Total: CY£ 250 |
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