Due to the fact that Cyprus is the choice destination for people purchasing a home abroad and a secure investment option, property can easily be resold. If required, Ultra Properties clients can request the assistance of our property consultants for the resale of their property at current market prices.

Property sales in Cyprus are subject to Capital Gains Tax at the rate of 20% on the gain in value. The first €17.086 profit is exempt. Our financial team can advise you on ways to minimize any tax liability.

There is no exchange control in Cyprus, so the net profit can be repatriated or transferred anywhere.

The first step toward putting your property up for sale is to meet with a sales or listings executive that can discuss the current market conditions, explain thoroughly the advertising process for successfully selling your property in Cyprus and answer your questions