Maria Kokoridi

The 5% VAT reduction on primary residences: what changed in 2026

The purchase of a newly built property in Cyprus is subject to Value Added Tax at the standard rate of 19%. However, the VAT...

Cyprus 2026 property tax reforms: what buyers and sellers need to know

From 1 January 2026, Cyprus introduced a series of tax reforms that directly affect sale and purchase transactions of immovable property. These changes do...

Cancellation of the 5% VAT reduction on property

Buying a home in Cyprus comes with Value Added Tax (VAT) in some cases. To make home ownership more affordable, first-time buyers can benefit...

Understanding costs associated with property sale transactions

Selling immovable property in Cyprus offers a unique opportunity to engage with a very active real estate market. Whether you are selling a holiday...

Impact of the recent court’s ruling on “Trapped Buyers” in Cyprus

In 2015, the Parliament in Cyprus introduced the Law 139(I)/2015, commonly known as the "Trapped Buyers Law" to address issues faced by property buyers...

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