Updated
GL-C-04
Glossary · Cyprus PR
Cyprus stamp duty - abolished from 2026
A charge on signed contracts, including property sale contracts
01 / In 30 seconds
The short answer
- What it is
- A charge on signed contracts, including property sale contracts
- What changed
- Abolished for contracts from 01.01.2026 as part of the tax reform
- Legal basis
- Law 239(I)/2025
- For PR
- Stamp duty is no longer included in the budget of new deals
02 / In plain words
What Cyprus stamp duty means
For many years Cyprus charged stamp duty (in Greek τέλη χαρτοσήμου) on signed contracts, including property sale contracts. The amount depended on the price in the contract.
From 01.01.2026 stamp duty on contracts was abolished by Law 239(I)/2025 as part of the 2026 tax reform. New property deals no longer pay it.
Older estimates and websites still show a "stamp duty" line worth thousands of euros. For a contract signed in 2026 that line is out of date. The other costs of the deal remain: VAT or transfer fees, the contract deposit and the lawyer.
A simple example
A client received an old estimate with a "stamp duty" line. The contract is signed in 2026, so the line was removed and the budget recalculated with VAT and state fees.
Where you may still see stamp duty
- Old estimates and calculators
- Contracts signed before 2026
- Comparing offers
- Checking the history of a property
- Working out the full deal budget
03 / What it covers
What a deal costs now
No longer paid
- Stamp duty
- Property tax
- Inheritance tax
New build
- VAT 19% or 5%
- Contract deposit €50
- Lawyer about 1% + VAT
Resale
- Transfer fees 3/5/8%
- 50% discount
- Certificate €5
PR
- Fee €500
- ARC €70 per person
- Insurance
04 / How it works
How to check an estimate after the reform
Contract date
Signed from 01.01.2026 - no stamp duty.
Remove the line
Stamp duty comes out of the estimate.
VAT or transfer fees
Set by the type of property.
State fees
Deposit, certificates, PR fees.
Total
A full budget with no extra lines.
05 / Key facts
What matters
01Status
Abolished
From 01.01.2026 no stamp duty is paid on contracts, Law 239(I)/2025.
02Old estimates
An extra line
If an estimate includes stamp duty worth thousands of euros, it is out of date.
03What remains
VAT or transfer fees
New build - VAT, resale - transfer fees with a 50% discount.
04For PR
A lower budget
The abolition cuts deal costs but does not change the €300,000 threshold.
Common mistakes
Budgeting for stamp duty in 2026
It was abolished for contracts from 01.01.2026.
Trusting old calculators
Many estimates were made before the reform. Check the date.
Thinking the deal is now free of costs
VAT or transfer fees, the deposit and the lawyer remain.
06 / Expert advice
How to prepare in advance
If you already have an estimate from a developer or another company, send it to us: we will check every line against the 2026 rules.
What we do for you. We calculate the deal budget under the 2026 rules: no abolished charges and every real payment included.
Dmitry NagyTax consultant, international taxation and compliance (ex-Big4)
07 / Questions
Frequently asked questions
No. It was abolished for contracts from 01.01.2026.
Law 239(I)/2025, as part of the tax reform.
No.
VAT on a new build or transfer fees on a resale, plus the deposit and the lawyer.
They were made before the 2026 reform.
No, it stays at €300,000 excluding VAT.
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