Property
Cyprus — Foreign Property Ownership Overview
EU citizens can buy property in Cyprus with the same rights as Cypriot nationals, while non-EU nationals must obtain approval from the Council of Ministers under the Immovable Property Acquisition (Aliens) Law (Cap. 109).
VerifiedGovernment / official sourcePurchasing Property - Ministry of Interior - Gov.cyLast reviewed: 2026-10-20
Key facts
- No fee is payable for permission to purchase
Costs
- VAT: 19%
Timelines
- Application Processing: Between 2 to 3 weeks