Choose the property, agree the price, appoint an independent Cyprus lawyer to check title, permits and debts, sign the sale contract and deposit it at the Land Registry, then pay the balance and transfer the title. EU citizens buy without restrictions; non-EU buyers need Council of Ministers approval, granted in most cases. Budget 6–10% on top of the price for costs. A straightforward purchase takes about four to eight weeks.
The essentials at a glance
- Buyer representation by Lextrus is free; commission is paid by the seller or developer.
- New-build property carries 19% VAT, reduced to 5% on the first 130 m² of a primary residence up to €350,000 (conditions apply). Resale property pays transfer fees of 3%–8% instead.
- Stamp duty was abolished from 1 January 2026.
- Non-EU buyers are generally limited to one residential property or a plot up to 4,014 m².
- Depositing the contract at the Land Registry protects the buyer until the title is transferred.
- A purchase can be completed remotely through a Cyprus lawyer with power of attorney.
Where is the best place to buy property in Cyprus?
Limassol for a cosmopolitan, business-focused lifestyle at the highest prices; Paphos and Larnaca for coastal living at lower entry prices (apartments from around €175,000); Nicosia for value and steady rental demand; Ayia Napa and Protaras for holiday homes.
What are the steps to buy property in Cyprus?
1) Set your budget and, if needed, mortgage capacity. 2) View and choose. 3) Reserve with a small deposit. 4) Your lawyer checks title, permits and encumbrances. 5) Sign the contract and deposit it at the Land Registry. 6) Pay per the contract. 7) Transfer the title deed.
How much are buying costs in Cyprus?
About 6–10% of the price: legal fees (typically around 1% plus VAT), transfer fees on resale property (3%–8%, often halved) or VAT on new builds, plus small Land Registry and bank charges.
Can I buy property in Cyprus as a non-EU citizen?
Yes. Non-EU buyers need Council of Ministers approval, applied for after signing and granted in most cases, and are generally limited to one home or a plot up to 4,014 m².
Does buying property give residency in Cyprus?
Investing at least €300,000 plus VAT in new property, with a secured income from abroad of at least €50,000 a year, can qualify for permanent residency under Regulation 6(2).
Do I pay a fee to use Lextrus as a buyer?
No. Our buyer representation is free; commission is paid by the seller or developer, so the price is the same as approaching the seller directly.
Find your property in Cyprus
Browse thousands of homes for sale across Limassol, Paphos, Larnaca, Nicosia and Famagusta, or tell an advisor what you need. https://lextrusrealestate.com/buy
