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 June 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.
Limassol Apartments for Sale – Secure Your Residence Under the 5% VAT Scheme
Limassol remains one of the most sought-after residential destinations in Cyprus, combining coastal lifestyle, strong infrastructure, and long-term property value.
Buyers searching for Limassol apartments for sale will find that our current developments offer an additional advantage: all available residences qualify for the 5% VAT rate, subject to statutory eligibility.
If you are seeking a contemporary apartment in Limassol as your primary residence or planning a permanent move to Cyprus, the current VAT structure enhances the value of your acquisition.