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Description
  
  

From the website of the Department of Land and Surveys (DLS) at www.moi.gov.cy where a citizen’s information booklet can be found. Other related briefing material and application forms are also available for the perusal of the public.​

GENERAL INFORMATION
  

​You may find the information on the Department website at www.moi.gov.cy/dls or through the Call Centre by dialling the island-wide single number 77777730 (has been disconnected since 9.7.2019 with the implementation of new General Valuation as at 1.1.2018), having previously supplied the owner’s details and those of the property real estate. You may also obtain information through the Municipalities or Communities where your immovable property is situated. For better and speedier service of all citizens the call centre will give information on the property value of up to 5 properties real estates per telephone call, unless the telephone lines are not fully occupied. In regard to other inquiries, the citizen should be promptly and fully informed. 

QUESTIONS ON THE VALUE OF THE GENERAL VALUATION
  

​NO, it refers to the immovable property as a whole regardless the fact that such property is held in undivided shares.​

QUESTIONS ON THE VALUE OF THE GENERAL VALUATION
  

​On the basis of the provisions of Article 72 of the Immovable Property (Tenure, Registration and Valuation) Chapter 224 of the Laws, the Department has proceeded to a general valuation of the immovable property as a whole, having taken into consideration all the improvements and buildings erected on the land regardless of ownership.​

QUESTIONS ON THE VALUE OF THE GENERAL VALUATION
  

​You can multiply the value of the whole property by your share.​

QUESTIONS ON THE VALUE OF THE GENERAL VALUATION
  

​According to the provisions of Article 72, the Department makes a valuation of the property as a whole and is not capable of knowing who owns what on the spot.​

QUESTIONS ON THE VALUE OF THE GENERAL VALUATION
  

The Department cannot make such separation of value. In regard to this issue, please apply to the proper tax authorities for any arrangements to be made. ​

QUESTIONS ON THE VALUE OF THE GENERAL VALUATION
  

​The definition "value of general valuation" based on the provisions of Article 2 of the Immovable Property (Tenure, Registration and Valuation) Chapter 224 of the Laws means the amount arising from the General Valuation, which is the closest possible to the value and therefore it may not conform fully to the value definition. On the basis of article 69, the valuation was conducted in such a way as to speed up uniformity for identical or similar properties and is being effected only for taxation purposes on immovable property ownership and may not be used for any other purpose.​

QUESTIONS ON THE VALUE OF THE GENERAL VALUATION
  

​It is rare for two properties to share completely the same characteristics. If the fiscal characteristic of the properties are similar or almost identical, then a difference in value should not be a substantial one. However, if there is substantial difference in value the issue will be investigated with each property owner.​

QUESTIONS ON THE VALUE OF THE GENERAL VALUATION
  

The general valuation was carried out uniformly for all immovable properties, in a conservative way and it is more just, since the specified parts of all properties have been collected and valuated island-wide. The physical and legal characteristics of the properties were taken into account, as well as the comparative sales of the immediate and wider area.​
QUESTIONS ON THE VALUE OF THE GENERAL VALUATION
  

​On the basis of the provisions of Article 69(3) of the Immovable Property (Tenure, Registration, Valuation) Chapter 224 of the Laws, the general value is assessed as if the real estate were free-hold.  This means that if there are any leases on the property (whether registered or not) concerning either land or buildings, these are not taken into consideration during the appraisal.  Any apportionment of taxation due to a lease or any other reason does not come under the responsibility of my Department and you should apply to the competent tax authorities.​​

QUESTIONS ON THE VALUE OF THE GENERAL VALUATION
  

One has the right to file an objection within six months since the date the notification of the General Valuation results were published in the Official Gazette of the Republic of Cyprus. The objection can be filed in any District Land Registry Office, regardless of the place where the real estate is situated, using a specific form and having paid the necessary fees.

Before filing an objection you are kindly requested to make sure that the fiscal characteristics of your property are the same as those held by the Department. If the data are correct and you still wish to proceed, your objection will be examined and the result will be communicated to you within a reasonable time. In case the owner is not satisfied with the result after it has been communicated to him he may, within thirty days from the date the decision of the Director was communicated to him, launch an appeal to the Court asking for the value of his property to be determined.  You may obtain all the required forms from the website of the DLS at www.moi.gov.cy/dls. 

QUESTIONS REGARDING OBJECTIONS
  

​a) Objection form and b) form N314B for filling in the fiscal characteristics of the property. A guide for completing the objection application is also available.

QUESTIONS REGARDING OBJECTIONS
  

Within six months from the date the results of the General Valuation were published in the Official Gazette of the Republic.​
QUESTIONS REGARDING OBJECTIONS
  

   Value of General Valuation as fixed

                by the Department

                              (€)

              CHARGES/FEES

                          (€)

                 1- 100,000                        37.50
                100,001 – 500,000                          75
               500,001 – 1,000,000                         150
                 >1,000,000                         375​
QUESTIONS REGARDING OBJECTIONS
  

​There is no refund of fees or part of them. They represent the administrative cost of processing the application.

QUESTIONS REGARDING OBJECTIONS
  

Can I apply to a private valuer to assess my immovable property?
QUESTIONS REGARDING OBJECTIONS
  

The examination of the objection will be completed within a reasonable time, depending on the type of development, the degree of difficulty and how long it will take for a site inspection of your property to be carried out. In case there is a change in the value of your property as a result of the examination, the Department will inform accordingly the tax authorities for the purpose of refunding any surplus tax charges you were asked to pay. 
QUESTIONS REGARDING OBJECTIONS
  

This can be done without delay by giving us all the details of your property through the telephone.
QUESTIONS REGARDING THE FISCAL CHARACTERISTICS OF THE IMMOVABLE PROPERTIES
  

​In case an error has been spotted in the fiscal characteristics of your property, you must submit an Error Rectification application based on the provisions of Article 67(d), Cap.224, for further investigation by the District Land Registry Office (D.L.R.O.); provided that a completed form of fiscal characteristics (N314B) is attached to your application for the purpose of verifying the details of your real estate. The relevant applications forms are available on the website of the Department at www.moi.gov.cy/dls. Please note that this application is free of charge.

QUESTIONS REGARDING THE FISCAL CHARACTERISTICS OF THE IMMOVABLE PROPERTIES
  

​In such a case you should contact the local District Land Registry Offices for the necessary investigation.

QUESTIONS REGARDING THE FISCAL CHARACTERISTICS OF THE IMMOVABLE PROPERTIES
  

​In such a case you should contact the local District Land Registry Offices for the necessary investigation and rectification.

QUESTIONS REGARDING THE FISCAL CHARACTERISTICS OF THE IMMOVABLE PROPERTIES
  

​In such a case you should contact the local District Land Registry Offices for the necessary investigation and rectification.

QUESTIONS REGARDING THE FISCAL CHARACTERISTICS OF THE IMMOVABLE PROPERTIES
  

Through the website of our Department at www.moi.gov.cy/dls or through the call centre single number service 77777730 (has been disconnected since 9.7.2019 with the implementation of new General Valuation as at 1.1.2018). 
QUESTIONS REGARDING THE FISCAL CHARACTERISTICS OF THE IMMOVABLE PROPERTIES
  

Only through an authorized attorney, who will file the objection and pay the necessary fees.
QUESTIONS REGARDING THE FISCAL CHARACTERISTICS OF THE IMMOVABLE PROPERTIES
  

​No, there is no such provision in the law.​

QUESTIONS REGARDING THE FISCAL CHARACTERISTICS OF THE IMMOVABLE PROPERTIES
  

​It is in the absolute discretion of the Governor in Council to order a new general valuation.​

QUESTIONS REGARDING THE FISCAL CHARACTERISTICS OF THE IMMOVABLE PROPERTIES
  

The Department may review the value of a property whenever its fiscal characteristics change. If, for example, there is a change in the Planning zone of the plot property or buildings are erected or demolished etc., the immovable property may be revalue. The owner will be informed by letter and maintain the right to file an objection. 
QUESTIONS REGARDING THE FISCAL CHARACTERISTICS OF THE IMMOVABLE PROPERTIES
  

If the construction has been erected on more than one plot, the value is not apportioned to the buildings in all of the plots. The value of the buildings is usually apportioned to the plot where the largest part of the edifice has been constructed and not on all of the plots of land. 
QUESTIONS REGARDING THE FISCAL CHARACTERISTICS OF THE IMMOVABLE PROPERTIES
  

Due to the fact that each tax authority (Tax Department, Municipalities, Communities, Sewerage Boards, etc.) determine their own tax rates, it would be better to apply to the competent tax authority for any clarifications.
QUESTIONS ON MATTERS OF IMMOVABLE PROPERTY TAXATION
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