Cyprus Capital Gains Tax Calculator (Property)
Cyprus charges Capital Gains Tax (CGT) at a flat 20% on the gain you make when you sell immovable property situated in Cyprus. You pay tax only on the profit after deducting your purchase price, allowable costs, an inflation (indexation) allowance, and a once-in-a-lifetime exemption. Following the tax reform that took effect on 1 January 2026, the lifetime exemptions rose substantially — to €30,000 for any property, €150,000 for your main residence, and €50,000 for farmland sold by a farmer. This calculator gives you an estimate to discuss with your adviser.
Transfer fees, legal & agent fees, capital improvements, loan interest. Keep invoices.
Optional — the Tax Department uplifts your cost for inflation. Leave 0 if unknown.
Once-in-a-lifetime per person; main residence needs 5 yrs occupation and land ≤1,500 m².
For joint ownership; each co-owner keeps their own full exemption.
The rates this tool uses
- CGT rate: flat 20% on the chargeable gain (unchanged in 2026)
- Lifetime exemptions (per person, disposals from 1 Jan 2026): €30,000 general · €150,000 main residence · €50,000 farmland
- Overall lifetime cap across all exemptions: €150,000
- Gain = sale price − purchase price − allowable costs − indexation − exemption
This tool gives an estimate based on published 2026 Cyprus rates and is for general information only — not legal or tax advice. Rules have exceptions and your circumstances may differ. Confirm your position with a qualified Cyprus lawyer or tax adviser before acting.
Frequently asked questions
What is the capital gains tax rate in Cyprus?
Capital Gains Tax in Cyprus is a flat 20%, charged only on the gain from selling immovable property situated in Cyprus. The rate did not change in the 2026 tax reform — only the exemptions increased.
How much capital gains tax will I pay when I sell my property in Cyprus?
You pay 20% on the gain after deducting your purchase price, allowable costs (transfer fees, legal and agent fees, capital improvements, loan interest), an inflation/indexation allowance, and your lifetime exemption. For example, a €90,000 taxable gain results in €18,000 of CGT.
What are the Cyprus CGT lifetime exemptions in 2026?
For disposals on or after 1 January 2026: €30,000 for any property, €150,000 for your main residence (if occupied for at least 5 years on land of 1,500 m² or less), and €50,000 for agricultural land sold by a farmer. These are once-in-a-lifetime per individual, capped at €150,000 in total. Before 2026 the figures were €17,086, €85,430 and €25,629.
Is selling my main home in Cyprus exempt from capital gains tax?
Your main residence qualifies for a €150,000 lifetime exemption (up from €85,430) if you lived in it for at least 5 years and the land does not exceed 1,500 m². If your gain is below €150,000 and you meet the conditions, you pay no CGT; anything above is taxed at 20%.
Do I pay Cyprus capital gains tax on shares or foreign property?
No. Cyprus CGT applies only to Cyprus-situated immovable property and to shares in companies that own such property (from 2026, where 20% or more of the share value derives from Cyprus property). Gains on listed shares and foreign property are outside Cyprus CGT.
What is the indexation allowance for Cyprus CGT?
The indexation (inflation) allowance increases your original purchase price and improvement costs in line with the official Cyprus inflation index from the date you bought to the date you sell. This raises your deductible cost and lowers your taxable gain. The exact factor is published by the Cyprus Tax Department and should be confirmed before filing.