September 1, 2026

New VAT regulations in Cyprus

Buying a Villa in Cyprus? The VAT Difference Could Be Almost €100,000

If you are planning to buy a new villa or larger property in Cyprus, the VAT rules could make a much bigger difference to the final price than you might expect. And for some properties, 2026 could be particularly important. Cyprus has changed the rules governing the reduced 5% VAT rate on primary residences. Certain developments can still fall under the previous rules during the transitional period,...