Search found 23 matches

by VCY
27 Oct 2024 06:32
Forum: Buying Land
Topic: Purchase of a plot for building
Replies: 12
Views: 802138

Re: Purchase of a plot for building

Nigel Howarth wrote: 26 Oct 2024 15:58 Thanks for the update

Five years older and five years wiser - several pairs of shoes worn out. This is Cyprus :-)
Thank you Nigel for all info the info that I got from your website and the forum. Despite all the warnings, the nice view from the land still made us jump straight into this abyss!
by VCY
26 Oct 2024 08:57
Forum: Buying Land
Topic: Purchase of a plot for building
Replies: 12
Views: 802138

Re: Purchase of a plot for building

Hi, just wanted to give an update on how long it took to get all the permits to build on the land. Only 5 years :lol:

We applied in 2019 and it took 18 months for planning permit. Having received the planning permit, in 2021 we applied for building permits. It took one year to issue building ...
by VCY
20 Jan 2018 09:43
Forum: General Property Questions
Topic: Planning Amnesty still in force?
Replies: 6
Views: 20409

Re: Planning Amnesty still in force?


He refers to build density, i.e. the number of build in m2. Coverage is the amount of surface area of the land you can cover.

What I don't get is why you didn't ask your architect this type of question who will be doing the plans and working out the areas for you.


OK, so it applies only to ...
by VCY
19 Jan 2018 22:05
Forum: General Property Questions
Topic: Planning Amnesty still in force?
Replies: 6
Views: 20409

Re: Planning Amnesty still in force?


Hi VCY

The building coefficient is the maximum number of square metres that you are allowed to build expressed as a percentage of the land area.

Regards,


Apologies for being dumb but Cypriot DLS refers to two factors on their website if you look up a plot; Density and Coverage. Which one you ...
by VCY
17 Jan 2018 13:13
Forum: General Property Questions
Topic: Planning Amnesty still in force?
Replies: 6
Views: 20409

Re: Planning Amnesty still in force?

Thanks. This applies to density factor only; not coverage, right ?
by VCY
14 Jan 2018 15:12
Forum: General Property Questions
Topic: Planning Amnesty still in force?
Replies: 6
Views: 20409

Planning Amnesty still in force?

Hi Everyone,

My family is preparing to build now on the land we purchased.

In the article http://www.news.cyprus-property-buyers.com/2015/07/30/illegal-building-amnesty/id=0087591 on Nigel's website it is reported that government was planning to allow +20% on building coefficient till 2020.

Is it ...
by VCY
21 Dec 2017 23:24
Forum: Buying Land
Topic: Purchase of a plot for building
Replies: 12
Views: 802138

Re: Purchase of a plot for building

I have finished with the land purchase and want to share an update of how it went:

1) Below points apply to the simplest form of Land purchase, where land parcel is fully owned by a single owner, you buy it entirely and the land is free of encumbrance.
2) Two forms need to be filled in, one for ...
by VCY
17 Dec 2017 14:32
Forum: General Property Questions
Topic: Purchasing of share of land
Replies: 8
Views: 27536

Re: Purchasing of share of land


Perhaps when you have decided what you want to buy, i.e:

1. A commercial property
2. A villa
3. A mortgaged property
4. A plot of land
5. A half plot of land

I'll be able to help further.


I get a feeling that you're suspecting that I have some kind of sinister motives, I'm sorry if I have ...
by VCY
16 Dec 2017 15:59
Forum: General Property Questions
Topic: Purchasing of share of land
Replies: 8
Views: 27536

Re: Purchasing of share of land


Hi VCY

I see you've asked similar questions previously - see reply from Pan at http://www.cyprus-property-buyers.com/forum/viewtopic.php?p=6516#p6516


Those questions were regarding a whole plot, this time I wanted to know specifics of purchasing a share.


You've asked questions on a range of ...
by VCY
15 Dec 2017 23:28
Forum: General Property Questions
Topic: New VAT regulation on Land
Replies: 5
Views: 17198

Re: New VAT regulation on Land

Some more details here:
http://www.stockwatch.com.cy/nqcontent.cfm?a_name=news_view&ann_id=287542
http://politis.com.cy/article/se-ischi-apo-2118-o-nomos-gia-epivoli-fpa-19-se-ikopeda

Sounds like any land which is considered to be used for the construction of one or more buildings is to be ...
by VCY
10 Dec 2017 17:13
Forum: General Property Questions
Topic: Purchasing of share of land
Replies: 8
Views: 27536

Re: Purchasing of share of land

Hello Nigel,

Once again, thank you for your responses.

The land is definitely in residential zone H6, DLS website confirms it. In Cyprus they seem to refer to land (not plots) as horafi, so far all title deeds I've seen in residential areas for unprepared land had "horafi" in them. "Oikopedo" was ...
by VCY
09 Dec 2017 16:31
Forum: General Property Questions
Topic: New VAT regulation on Land
Replies: 5
Views: 17198

New VAT regulation on Land

Hello everyone,

I read some articles about new VAT regulation on Land, but found them to contain contradicting information.

One was saying that it applies only to sales by VAT registered business, the one on Cyprus Property Buyers states that any commercial transaction of residential land is ...
by VCY
09 Dec 2017 16:27
Forum: General Property Questions
Topic: Purchasing of share of land
Replies: 8
Views: 27536

Purchasing of share of land

Hello Everyone,

Me again, our quest to find land is slowly ongoing.

There is a piece of land (horafi, not a plot) we're interested in, the owner is selling half of it. I know that this is far more difficult than buying a 100% of a plot, but we like the piece. We're not in a rush to start building ...
by VCY
23 Sep 2017 12:14
Forum: Buying Land
Topic: Purchase of a plot for building
Replies: 12
Views: 802138

Re: Purchase of a plot for building

I'm interested to proceed with land (not plot) of 1338 sqm/1 skala, zone H6 (20%/20%) in one of Limassol villages. Next to it is a registered asphalted two-lane road , electricity, water. Pavement is missing on my part of frontage so I'll have to build it.

I met two civil engineers who say that ...
by VCY
22 Aug 2017 19:57
Forum: General Property Questions
Topic: 2m investment: villa or commercial?
Replies: 19
Views: 52557

Re: 2m investment: villa or commercial?


VCY, you are obviously in the trade so to speak, whom do you represent, you can pm me if you wish.


Not really, but have a number of acquaintances "in the know" and monitor the property market myself for investment.


Do you have links to this info regarding empty high rise properties, because ...