Property Taxes

Understand the taxes which may be levied on your property in Cyprus...

Property tax is payable annually and the rate varies from area to area, and varies depending on the property type: land, a residential house, commercial property and so on.

Tax can be charged either in a flat annual fee, or in some cases at 0.05% of the estimated property value in accordance with the title deed (in either case, the amounts are moderate).

Other charges

Other fees payable by a property owner include (some or all of the following:

  • sewerage charges payable annually
  • services such as refuse removal payable annually
  • water supply and fees payable every four months
  • electricity supply and fees payable every two months
  • telephone supply and fees payable monthly
Information provided by Paul Paschali, P.P. Estates At: 52 Christaki Kranou St, Potamos Yermasoyia, Limassol, 4042 Cyprus. Tel: 25-312266 / Fax: 25-314022 / Website Copyright © 2015 P.P. Estates. All Rights Reserved.