Rental Income Tax in Cyprus compared to Europe
Cyprus: Rental income taxes (%).
Tax on the average annual rental income in the country, based on the following assumptions:
- Gross rental income: €1,500/month
- Owned by a foreign, non-resident individual
- No other local income, no mortgage
These figures are for reference only; always consult a reputable lawyer for accurate advice. In many countries, it is more tax-efficient to buy and rent through a company. For more information on property taxes, click on the country links. Updated biannually.
Last updated October, 2024
Switzerland | 48.56% |
Luxembourg | 46.78% |
Ireland | 40.00% |
Netherlands | 36.00% |
Turkey | 27.15% |
Portugal | 26.44% |
Slovenia | 25.00% |
Malta | 23.33% |
Austria | 22.97% |
Finland | 22.50% |
Norway | 22.00% |
Greece | 22.00% |
Italy | 21.00% |
UK | 20.00% |
Estonia | 20.00% |
Spain | 19.00% |
Slovak Rep. | 19.00% |
Latvia | 17.25% |
Hungary | 13.50% |
Poland | 13.50% |
Croatia | 12.00% |
Bulgaria | 10.00% |
France | 10.00% |
Romania | 10.00% |
Germany | 9.92% |
Belgium | 8.11% |
North Macedonia | 7.50% |
Czech Rep. | 5.57% |
Montenegro | 5.40% |
Lithuania | 1.96% |
Denmark | 1.87% |
Cyprus real estate data, including prices, rents, and sizes in square meters, has been compiled and analyzed from the following sources:
- Central Bank of Cyprus
- Zyprus
- INDEX.cy