Cyprus Property Forum for Buyers, Sellers & Investors

Hi Astipalea and welcome to the forum.

Γ3 is an Agricultural Zone. There's currently an embargo on building residential buildings in an agricultural zone.

The article you referred to is way out of date.

Regards

Hello Nigel,
Can't find any details about a blanket embargo on residential ...

Hello Pantheman: your 2 cents are much appreciated.

The house, and plot of land, are both in Dali, Nicosia, and my Cypriot Estate Agent recommended the law firm I'm using, to me.

Re this:

'2. The law firm I use always seeks the permission of the giving the power before signing any document or ...

You can get a copy of the building permit from the District Administration office.

If you have a file number it would help, but take your title deed and any id, they may be able to search for it by name. That said, if your architect applied for it, you will need his name. Why don't you ask the ...

Hi,

Just to add my 2 cents worth.

1. UK solicitors do not know what is required on a SPOA for the land registry to accept it. The local lower does.

2. The law firm I use always seeks the permission of the giving the power before signing any document or making any payments.

3. The is some wording ...

Dear Zambm166,

It is your lawyers fault that these remain unpaid. He should have demanded the receipts and certificates from the seller's lawyer. If you want to sue anyone, then sue him.

No point writing to the sewerage board it won't help. Money that is owed to the state always gets paid.

If ...

Nigel, your comment 'Or you could cancel your contract, but you'd lose your deposit.', is not strictly correct, if there is a legal reason that the contract cannot be registered the deposit is returnable. In fact with our clients, if they are not happy to proceed due to the outcome of the due ...

Good morning

We are in the process of selling our property and looking for another

Whilst our property is being sold via a lawyer is it possible to use a different lawyer to buy our new home whilst our existing home is going through

Regards

Tony


Yes of course you can, but why do you want to ...

The CGT liability is on the property.

It will be calculated as follows:

Selling price minus

Price paid when the property was bought in 2012
+ Indexation from that date to present when sold
+ agency fees
+ legal fees
+ Transfer fees when you first bought it
+ 0.4% refugee tax
+ 2x 17,086 ...

Thanks Pan, we were thinking it must be a new rule because we hadn't heard of it before! Any idea how we can find out more?

And the plot thickens because the Dept Land Surveys has said we need to have our title registration updated! We have no idea why. Apparently it is this that will take a year ...

Hi Pan & Nigel
We have not bought a share, it's an entire piece of residential land.
There are services already to the perimeter, but no pavement. It's a tarmacked lane and I would say not wide enough for a pavement.
Do you know if "demarcation" of the land is something everyone has to do? I'd ...

Hi all, just an update on our situation.

Last summer we bought a piece of land in residential H3 zone on the edge of a mountain village. There are adjacent properties. I asked for advice on this forum and the general consensus was we could go directly to applying for a planning permit.

However ...

Any agency worth their salt, would demand a written and signed agreement and NOT verbal.

Are you sure they are registered and licensed agents??

You can list the property with a number of agencies and you only pay the one that has brought you the client and has a successful sale.

I think it is time people mentioned who these 'Estate Agents' are, so people can be aware.

Buying land is not the same as buying a house/apt. Many agencies just employ 'assistants/associate' that have no knowledge or expertise on such matters. Even if they are considered 'Reputable'.

You need ...

What does this mean?

'Do you know if we are able to source a system from a Photovoltaic park? '

.. Additionally to what Nigel stated, anyone who buys a property with the reduced 5% rate cannot let out the property as it is intended for the own permanent residence.