Cyprus Properties - Alpha Panareti Public Limited
00:27:08  Thursday 09 February 2012

Stamp Duty


The purchaser is liable for Stamp Duty. This is charged at the rate of EUR 1.50 per thousand up to the value of EUR 170,860,14 and thereafter at the rate of EUR 2.00 per thousand. This duty should be paid within 30 days of signing the contract and your solicitor or the property developer will help you deal with it. Example: Purchase price of property EUR 200,000

EUR 170,860.14 at EUR 1.50 per 1000 - EUR 256.29
EUR 29139.86 at EUR 2.00 per 1000 - EUR 58.28
Total Stamp Duty  EUR 314.57




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