Cyprus Property Forum for Buyers, Sellers & Investors

Thanks Nigel.
Do you have a link to a "how to" guide?

Hello, can you confirm whether there is a deadline, after obtaining your title deeds, within which time you can reclaim any IPT (over)paid by the developer on your behalf
thank you

So ... in your interpretation of the law ... does that mean in this example their postal votes counted as proxy votes? And if the 1000e is a constitutional change does that make it legal?

Thanks Nigel. My interpretation of that statement would be that the compulsary insurance would be for communal building areas and individual building insurance for each private apartment from the same insurer . That would then leave the individual owners to provide contents insurance for their own a...

"The whole of the property does need to be insured - the common/shared parts by the Management Committee - and the privately owned parts by their owners. Both the common/shared parts and the privately owned parts must be insured with the same insurance company. (There have been cases where different...

Sorry about your situation but I would be wary of signing a POA for the reasons oulined in your message as it does not appear to guarantee that you are absolved of any losses going forward, it merely authorises your developer to sell at whatever price he wants (not at a price you want).

thanks for the responses

Thanks Nigel, thats interesting. Any idea if there would be a problem in getting a bankers draft for, say, 95% of estimated payment then topping up with cash?

Hi Andy

Thanks for that, I was told they accepted credit cards. Bankers draft woulkd be best but they are normally made for a specific amount and presumably the Land Registry wont give you the actual figure until you get there?

Can anyone advise me whether the Larnaca Land Registry apply a surcharge for paying for title deeds transfer by credit card, and if so how much? Alternatively will they accept a cheque drawn on a local Cyprus bank without a bank card? Thanks

Thanks Nigel, that was my understanding.

What is the maximum percentage IPT a developer can be charged by the Revenue? This is in circumstances where the developer has numerous developments so is at the top end of the scale.

Thanks again Nigel, very helpful

Hi Nigel, thanks for the prompt and detailed information. Regarding Property Transfer Tax if Mr & Mrs B are selling a 50% share do Mr & Mrs A still have to pay PTT on the full market value? Thanks again

Hello Nigel Can you provide some advice/information regarding joint ownership please. This is the scenanio. Mr & Mrs A jointly own a property with Mr & Mrs B, for which they have the title deeds. All live in the UK. Mr & Mrs B agree to sell their share to Mr & Mrs A. Can this transaction be done who...