Short-Term Rentals & Airbnb Licensing in Cyprus
Legal requirements for renting property on Airbnb and Booking.com in Cyprus: Deputy Ministry of Tourism registration, building committee rules, tax and VAT obligations.
Obtain a Deputy Ministry of Tourism registration number
Under the Regulation of the Establishment and Operation of Tourist Accommodation Law, all self-catering short-term rentals must register on the Deputy Ministry of Tourism online portal. Platforms are legally barred from listing properties without an active serial registry number.
Verify building management committee rules and co-owner consent
If your apartment is part of a jointly owned building (under Cap. 224), review the recorded building regulations. When the standard statutory by-laws or registered private regulations prohibit commercial activities, aggrieved co-owners can seek District Court injunctions to halt guest turnovers.
Comply with VAT, Income Tax and municipal overnight accommodation duties
Short-term rental turnover is subject to 9% reduced VAT once aggregate taxable supplies exceed the €15,600 threshold within any consecutive 12-month period. Net rental profit is subject to personal or corporate income tax. In addition, municipalities charge small local tourist night fees.
FAQ
Can non-residents legally operate short-term rentals on Cyprus properties?
Yes, foreign owners can apply for the Tourism Ministry registry number, provided they have a Cyprus Tax Identification Code (TIC) and appoint an authorized local representative or property manager to handle compliance.
What is the penalty for listing an unregistered property in Cyprus?
Operating an unregistered short-term rental is a criminal offence under Cyprus law, carrying administrative fines up to €5,000, potential court injunctions and removal of listings by international portals upon Ministry notification.