Selling Property in Cyprus: Contract, Taxes and Transfer
What a seller must prepare: clean title, sale agreement, capital gains tax position and the final transfer at the Land Registry.
Check title, mortgages and planning status
Before listing, obtain a current Land Registry search and confirm that the title is in your name, any mortgage can be released, and the building matches its permits.
Sign the sale agreement and agree payment terms
Your advocate drafts or reviews the contract: price, deposit, completion date, who bears transfer costs, and what happens if the buyer defaults. The contract is stamped and deposited at the Land Registry.
Settle capital gains tax and complete the transfer
Gains on Cyprus immovable property are generally taxed, subject to exemptions and your purchase cost. Obtain tax clearance, pay off the mortgage, then attend the Land Registry with the buyer to transfer the title.
FAQ
Do I pay tax when I sell my Cyprus home?
Capital gains tax can apply to the profit, but reliefs exist, for example for a main residence. The outcome depends on your purchase date and cost, so confirm your position with an advocate or accountant before signing.