Capital gains tax applies on the profit made on the sale of a property at the rate of 20%.
You can find our transfer fees calculator below:
https://cyprusproperties.com.cy/tools/capital-gains-tax-calculator
Typically, a seller of property will need to provide the buyer with the following:
When selling a property any outstanding amounts for debts, utilities and taxes must be cleared. For example, a debt covered by a mortgage on the property amounts due to the developer of the property, any balance to the management committee for communal expenses, amounts due to the authorities for water, electricity, refuse collection etc.
The typical fees paid are those of an estate agent and a lawyer which both are agreed between the seller and the professional.