Tax for landlords & property owners in Cyprus
Cyprus is light on property tax — there's no annual property tax, the Special Defence Contribution on rents was abolished in 2026, and there are generous Capital Gains Tax exemptions. Landlords now pay income tax on rental profit plus 2.65% GHS, and 20% CGT only on disposal of Cyprus property. We handle the returns and make sure you claim every allowable deduction.
What we take off your plate
Rental income returns
We compute rental profit (rent less allowable expenses and wear-and-tear) and file it correctly under income tax + GHS.
Individual vs company
We advise whether to hold property personally or through a company, factoring in tax and succession.
Capital Gains on sale
20% CGT after inflation indexation and the lifetime exemptions (€30k/€50k/€150k) — we compute it and apply every relief.
VAT & transfer costs
Guidance on VAT (19%/reduced 5% primary residence) and transfer fees vs VAT on acquisition.
The services that fit
Tax Compliance
Corporate and personal income tax returns, provisional tax and SDC — prepared accurately and filed on time.
Learn moreTax Advisory & Planning
Strategic, fully compliant tax structuring for Cyprus companies, groups and individuals — built around the 2026 framework.
Learn moreTax for Individuals & Non-Dom
Personal tax returns, relocation, tax-residency and the non-dom regime — for expats, investors and professionals.
Learn moreFrequently asked questions
Under the normal income tax bands (with allowable expenses and a wear-and-tear allowance) plus GHS at 2.65%. The Special Defence Contribution on rents was abolished by the 2026 reform, so landlords pay less than before.
No — the annual Immovable Property Tax was abolished from 2017. Only modest local municipal fees apply to ownership.
Capital Gains Tax at 20% on the gain (after inflation indexation and allowable costs), with lifetime exemptions of €30,000 general, €50,000 agricultural and €150,000 for a primary residence.
Useful tools & guides
Ready to get your numbers in order?
Book a free, no-obligation consultation. We'll review where you stand and show you exactly how we can help your business or personal finances in Cyprus.
No fees. No obligation. Speak with a qualified professional today.