Property Taxes

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Interested
Posts: 4
Joined: 04 Oct 2008 11:31

Property Taxes

Post by Interested »

Hi Nigel,

Just wondered what other property taxes are there that need to be paid on an annual basis once individual title deeds are given to the developer. Reason I ask is we have two 51 euro on the bill from the developer just stating property tax and nothing more.

Thanks.

Trish
Nigel Howarth
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Joined: 24 Oct 2007 14:38
Location: Erimi, Limassol, Cyprus
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Re: Property Taxes

Post by Nigel Howarth »

Hi Trish,

I live in an annual Community Charge (I live in a Community rather than a Municipality or Town). You'll need to do the same. It get a bit confusing because the town charge is called an Immovable Property Town Tax (which is something different from the Immovable Property Tax paid to the Inland Revenue).

The annual Community/Town charge/tax is similar to the Council Tax in the UK (but much, much less). I think I paid around €180 last year.

Cheers,
Nigel Howarth
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