Capital gains tax on Cyprus property.
Enter what you paid for a property in Cyprus and what you sell it for. See the gain, the lifetime exemption you can use and the tax at 20%, with the higher exemptions from 2026.
- 2026 exemptions
- Rates checked continuously
- Free, no sign-up
What you sell the property for.
What you paid for it. For property bought before 1980, its value on 1 January 1980.
What you spent improving it: an extension, a new kitchen. Not upkeep or repairs.
Transfer fees and legal fees when you bought and sold, and interest on a loan taken to buy it.
How much Cyprus consumer prices (CPI) rose between the purchase and the sale. The purchase price and improvements are raised by it. The Statistical Service publishes the index. Leave at 0 to skip.
On earlier sales, in total. Every exemption counts towards one lifetime limit of €150,000.
The gain
- Sale price
- €300,000.00
- Purchase price
- − €180,000.00
- Improvements
- − €20,000.00
- Inflation adjustment
- − €0.00
- Costs of buying and selling
- − €10,000.00
The tax, 2026 rules
- Gain
- €90,000.00
- Exemption
- − €30,000.00
- Taxable gain
- €60,000.00
Lifetime exemption left after this sale: €120,000.00.
An estimate for a sale from 2026, not tax advice. It raises improvements by the same inflation as the purchase price, though the law indexes each from when it was made. If your earlier sales used the same kind of exemption, less of it may be left. The Tax Department works out the final figure.
How the tax is worked out.
Capital gains tax in Cyprus is charged on gains from Cyprus property, at one flat rate, after a lifetime exemption.
- 01Start from the sale price and take off what you paid, what you spent on improvements and the costs of buying and selling.
- 02Raise the purchase price and improvements by the rise in Cyprus consumer prices since you bought, so inflation isn't taxed as a gain.
- 03Take off the exemption you can use, then charge 20% on what's left.
| Capital gains taxOn the gain after the exemption | 20% |
|---|
| Main home, lived in for 5 years or more€85,430 before 2026 | €150,000 |
|---|---|
| Farmland sold by a farmer€25,629 before 2026 | €50,000 |
| Any other sale€17,086 before 2026 | €30,000 |
| All exemptions togetherThe most one person can claim in a lifetime | €150,000 |
Rates checked continuously against the Tax Department and PwC Worldwide Tax Summaries.
Capital gains tax, answered.
Selling a property in Cyprus? Ask us on WhatsApp.
Read next
- Property purchase costsVAT, transfer fees and the mortgage fee on a purchase.
- Rental income tax calculatorThe income tax and GeSY on rent, and what you keep.
- The 2026 Cyprus tax reformEvery change this year, the new exemptions included.
- Cyprus tax benefits for foreignersWhat new residents can claim, and for how long.
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