Cyprus Property Forum for Buyers, Sellers & Investors

Hi Nigel

As promised a further report. Three weeks ago we visited Aristo's HO and were first required to pay some 1000 euros IPT incurred by them since the villa was finishd in 2007. We signed papers (we understood nothing as they were in Greek) which had been preprepared following earlier ...

Hi Nigel

Thank you very much for your early reply; we are greatly relieved to receive your advice and will proceed (we hope) to get our deeds. We'll let you know how we get on.

Many thanks.

Duped

Hi Nigel

As previously advised Aristo say our Title Deeds are ready for collection. All we have to do is turn up with copies of our passports, the stamped (duties paid) sales agreement and the money for the transfer. This all seems straightforward but we are wondering if we should have a ...

Hi Nigel

Thank you for all the info and I will await developments with interest.

Quite rightly the focus is on Title Deeds but it will be good if the lack of transparency in public bodies could be pressed as well to prevent Cypriots and non-Cypriots alike being left substantially out of pocket by ...

Hi Nigel

As you know the Dept of Lands and Surveys' Vision Statement says they would like to inter alia "improve and reengineer their role to best serve the needs of the citizen in accordance with the laws and regulations prevailing nowadays in the European Union."

Clearly the intention is to be ...

Hi Nigel

The UK is probably just as secretive as Cyprus despite the Freedom of Information Act because polititicians never want the people to know what they are up to.

However secrecy in tax calculations for individuals is a different matter and certainly contrary to the UK Code of Practice.
http ...

Hi Nigel

Thank you very much for your help. Sorry about the typos on the percentages,

The Land Registry should publish this historical data so everyone can check the arithmetic. We are taxed upon a mystery figure and bearing in mind their desperate need to raise as much money as possible we wonder ...

Hi Nigel

We bought a villa for €325,000 in 2005 which was completed in 2007. Extras such as air conditioning were a further €34,000; a total of €359,000.

Title deeds are now available apparently showing a 1980 valuation of €33,500. This figure is important for ongoing municipal tax and I have ...