Tax on rent in Cyprus, worked out.
Enter the rent you receive and your other income. See the income tax and GeSY on the rent and what you keep, or what the same rent pays when a company owns the property.
- Personal or company
- 2026 rates
- Free, no sign-up
All the rent received in the year.
Interest only, not the repayments, on a loan taken to buy the property.
Optional. The cost of the building without the land, for the 3% yearly allowance. Leave at 0 to skip.
Salary, pension or business profit in the same year, after deductions. The rent is taxed on top of it.
How the rent is taxed
- Rent
- €18,000.00
- Fixed deduction (20%)
- − €3,600.00
- Loan interest
- − €3,000.00
- Building allowance (3%)
- − €0.00
What you keep
- Rent
- €18,000.00
- Loan interest
- − €3,000.00
- Extra income tax
- − €3,320.00
- GeSY (2.65%)
- − €477.00
€933.58 a month. Tax and GeSY take 21.09% of the rent.
An estimate for 2026, not tax advice. It treats your other income as already taxable after deductions and leaves out personal deductions and exemptions. For a company it leaves out the cost of running one and the charges on taking money out.
How rent is taxed.
Rent you receive personally is added to your other income and taxed at your own bands. A company pays one flat rate on its profit.
- 01Take 20% off the rent for repairs, whatever you spent, then the interest on the loan and 3% a year of what the building cost.
- 02Add what's left to your other income. The extra income tax is what the rent adds at your top bands.
- 03Pay GeSY at 2.65% on the full rent, until your income from every source reaches €180,000.
| Fixed deductionOf the rent, in place of repairs | 20% |
|---|---|
| Building allowanceA year, on the building's cost, not the land | 3% |
| GeSYOn the gross rent, within the €180,000 yearly cap | 2.65% |
| Defence contributionAbolished on rent from 2026 | 0% |
| First €22,000 | 0% |
|---|---|
| €22,000 to €32,000 | 20% |
| €32,000 to €42,000 | 25% |
| €42,000 to €72,000 | 30% |
| Above €72,000 | 35% |
| Corporate taxOn rent less actual expenses | 15% |
|---|---|
| GeSY and defence contributionNone on the company's rent | 0% |
Rates checked continuously against the Tax Department, GeSY and PwC Worldwide Tax Summaries.
Rental income, answered.
Renting out a property in Cyprus? Ask us on WhatsApp.
Read next
- Provisional tax in CyprusThe two instalments, and how to set the estimate.
- GeSY contributions explainedThe health contribution, its rates and its cap.
- Capital gains tax calculatorThe tax when you sell, and the exemption you can use.
- Property purchase costsVAT, transfer fees and the mortgage fee on a purchase.
- Corporate tax calculatorThe tax on a company's profit at the 2026 rate.
- The 2026 Cyprus tax reformNew bands, and the end of defence contribution on rent.
Renting through a company?
We form your Cyprus company and keep its books. Book a call to talk it through first.