Buying Property in Cyprus with 5% VAT

For international buyers exploring how to buy property in Cyprus with 5% VAT, the current framework presents a valuable opportunity.

Cyprus continues to attract overseas purchasers seeking a secure European property market, high-quality construction standards, and long-term lifestyle or relocation options. The reduced 5% VAT rate on eligible new-build properties significantly lowers acquisition costs when purchasing a primary residence.

With the upcoming changes taking effect from December 2026, foreign buyers considering relocating to Cyprus or securing a permanent residence should carefully evaluate timing and eligibility. Acquiring a qualifying new-build property before the revised framework is fully implemented may result in meaningful financial savings.

At Compass Developers, we provide clear guidance throughout the entire process — from property selection to VAT application — ensuring international clients purchase with confidence and full regulatory clarity.

For more information complete the form, or contact us at +357 25 357 777 via email at info@compassdevelopers.com