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
| Denmark, Copenhagen |
42.11%
|
| Netherlands, Amsterdam |
36.00%
|
| Finland, Helsinki |
30.00%
|
| Russia, Moscow |
30.00%
|
| Portugal, Lisbon |
28.00%
|
| Belgium, Brussels |
26.82%
|
| Slovenia, Ljubljana |
25.00%
|
| Norway, Oslo |
22.00%
|
| Iceland, Reykjavik |
22.00%
|
| Greece, Athens |
22.00%
|
| Italy, Milan |
21.00%
|
| France, Paris |
20.68%
|
| Latvia, Riga |
20.00%
|
| Sweden, Stockholm |
20.00%
|
| Estonia, Tallinn |
20.00%
|
| Ireland, Dublin |
20.00%
|
| Serbia, Belgrade |
20.00%
|
| United Kingdom, London |
20.00%
|
| Spain, Madrid |
19.00%
|
| Slovakia, Bratislava |
19.00%
|
| Czech Republic, Prague |
15.00%
|
| Hungary, Budapest |
15.00%
|
| Montenegro, Podgorica |
15.00%
|
| Lithuania, Vilnius |
15.00%
|
| Croatia, Zagreb |
12.00%
|
| North Macedonia, Skopje |
10.00%
|
| Romania, Bucharest |
10.00%
|
| Bulgaria, Sofia |
10.00%
|
| Germany, Berlin |
9.92%
|
| Malta, Valletta |
9.36%
|
| Poland, Warsaw |
8.50%
|
| Austria, Vienna |
5.76%
|
| Switzerland, Zurich |
5.57%
|
| Luxembourg, Luxembourg City |
2.94%
|
| Monaco |
0.00%
|
| Cyprus, Nicosia |
0.00%
|
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