Cyprus Property Forum for Buyers, Sellers & Investors

Nigel

Hope you're well.
My wife and I own a villa in a small cul-de-sac with a total of twelve properties.

Recently there was a water leak on the supply side of the pipework outside one of the properties boundary wall which was reported to the new water company EOA and they came out in a timely ...

Nigel

Thanks for your response.

One further question to ask, so what I think you're saying is:-

Worse case scenario, if there was an accident in the pool, the complex MC (and/or the other property owners or just the MC?) could be sued for damages, as the Public liability Ins. would not pay up due ...

Nigel

You haven't replied to my post, can you please take a look and provide your expert opinion, thanks

Regards
John TB

Hi Irini

We have two properties in Peyia and are currently looking to sellon which is a two bedromm townhouse on a small (9 house) development.
Please use the following link to review:-

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Thanks

Nigel

Just like to access your knowledge on the phenomenon that is 'AIR BnB'.

Imagine a small complex of 10 townhouses or so with a shared pool, parking areas, walkways etc. all paying into the 'maintenance' fund on a regular basis.
One of the properties then decides to go 'Air BnB' and rent the ...

Nigel

We turned a tiled are outside the back door of our townhous into a small extension with a roof, measures around 2X3M.
Would this be a problem if we wanted to sell?

Regards
John TB

Hi Nigel

A few years back there was a 'planning amnesty' period where changes made to properties without planning permission could be formalised and added to plans etc.

I am aware this expired some time ago however I wondered if you were aware if another 'amnesty' period was ever likely to be ...

Nigel

Just to update you on our situation.

The BoC has now cancelled the original contract of sale to the original buyer with the land registry so technically the property title has never been separated from the developer who remains the current 'registered owner'.
However the developer has also ...

Pantheman, thanks for your reply.

I have two other questions you may be able to help with as follows:-

1. Can a married third country national who already jointly owns a property with their spouse, purchase a second property jointly with an EU citizen?

2. If yes to the above then could this ...

Louise, Nigel

My wife and I jointly own two properties in Cyprus and we are looking at a third for investment.

We are aware of the new third country rules for UK nationals since Brexit but not in too much detail.
Additionally for your information my wife has an Irish passport so is an EU citizen ...

Nigel

Thanks for your reply.

Just to update you we have now confirmed that the BofC have made a conscious decision NOT to repossess the house currently, not sure why? So currently the house is still in the original buyers names. They have however confirmed they have possession of the property and ...

Hi Nigel

I was just looking through some old postings and came across this one re.communal fees which brought a question to my mind that I would like to run pass you.
I have a townhouse on a development of nine townhouses of which one has been repossessed by the Bank of Cyprus and apparently is ...

Nigel

Thanks for your reply. We may follow up with the Land Registry method to see if there is a lender involved and try to trace the owners.
One clarification please, all the houses are the same although the complex comprises two rows, one of three and one of six houses, with the end houses on the ...

Nigel

I wonder if you or anyone in the forum can assist with aproblem we have with one proerty in our complex of nine town houses with communal pool and walkways etc. All the current owners pay their fees annually which in our case as all the houses are same size ie. two bed town houses. However ...

Can anyone enlighten me as to which value is utilised to calculate Transfer Fees when Deeds are first obtained from the developer.
Is it the 1980 value (Euro), the price paid for the property when purchased (in 2006, converted from CYP Pounds to Euro) or the new 2013 valuation (Euro) utilised for ...