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How is the properties tax in Cyprus?

cyprus properties tax
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How is the properties tax in Cyprus?

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The annual immovable property tax is calculated on the market value of the property as at 1st January 1980. Value of property CY Property tax % 100,001 to 250,000 2.5% 250,001 to 500,000 3.5% over 500,000 4.0 %Some of the above information has been supplied by third parties, thus we can not be responsible for any charges. Professional adviser is highly recommended.

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