Search found 574 matches

by Pantheman
15 Jan 2020 16:52
Forum: General Property Questions
Topic: Real estate agents list
Replies: 7
Views: 3009

Re: Real estate agents list

Hi del-froogo This makes no sense whatsoever. The VAT most agents charge is 5% (+VAT). As he's done nothing for eight years, I suggest you take it out of his hands and put it with another agent. Where is the property? Regards, Better still, put it with multiple agents, you only pay the agency that ...
by Pantheman
08 Jan 2020 19:38
Forum: Mark Nowell's Financial Questions
Topic: Non-Resident Mortgage Requirements
Replies: 5
Views: 85

Re: Non-Resident Mortgage Requirements

My understanding is that a 'n0n-resident' mortgage is not a mortgage at all, but an investment loan and usually at a much higher interest rate. So, if you plan to remain here, do the this nags that Nigel as stated before applying for the mortgage. Although, you may have to have a rental agreement or...
by Pantheman
06 Jan 2020 12:25
Forum: General Property Questions
Topic: Division of land in ‘Z’ zone
Replies: 2
Views: 93

Re: Division of land in ‘Z’ zone

Hi, i have a question as to whether it is possible to obtain separate title deeds for land that is within the Z zone (not agricultural zone) with a 6% building right, is 10.7 acres and is currently owned by 5 owners. The boundaries for the exact 1/5 that is owned by each owner were submitted to the...
by Pantheman
04 Jan 2020 19:33
Forum: General Property Questions
Topic: Buying property from a bank.
Replies: 4
Views: 117

Re: Buying property from a bank.

However, is there no way we can check for ourselves if the property has any encumberance? We are paying the full amount up front, and we are not going to build or connect to anything. The only thing I am worried about is any hidden liabilities. Yes, you can check yourselves. I published an article ...
by Pantheman
06 Dec 2019 17:30
Forum: Buying Resale Property
Topic: How to find who owns a property?
Replies: 5
Views: 484

Re: How to find who owns a property?

Hi, we are looking to buy a property in Cyprus and have seen a fabulous, but derelict, house in a village. Is it possible to trace the title deed owners in order to discuss making them an offer for the property? Regards, Antony You easiest method is to knock on a neighbours door and ask. Or just go...
by Pantheman
28 Nov 2019 15:44
Forum: General Property Questions
Topic: Building On Z1 Z3 Land
Replies: 4
Views: 1938

Re: Building On Z1 Z3 Land

haddadbj wrote:
28 Nov 2019 10:43
Hi Pantheman, is the some information available on the description of the different planning Zones?
Already sent you a pm.
by Pantheman
23 Nov 2019 10:23
Forum: General Property Questions
Topic: Powers of Attorney
Replies: 7
Views: 853

Re: Powers of Attorney

Point to note: Not all PoA are the same and one needs to careful exactly what powers they are delegating. The power needs to be specific to encompass all the actions required in order to make the necessary transaction otherwise it will not be accepted. You could have a general power that deals with ...
by Pantheman
09 Nov 2019 12:13
Forum: General Property Questions
Topic: Log cabin on agricultural land
Replies: 2
Views: 809

Re: Log cabin on agricultural land

.. and only if you have a registered road access of the min width. If you do apply, call it a store area, you might get luck, but there could be other criteria that would need to be taken into consideration. Generally, agricultural land is not for development and they are taking a strict stand on th...
by Pantheman
04 Oct 2019 13:46
Forum: General Property Questions
Topic: Mortgage Payment
Replies: 1
Views: 602

Re: Mortgage Payment

shirt9696 wrote:
04 Oct 2019 13:33
I have recently received the title deeds for my house. I have a sterling mortgage, does anyone know whether Alfa bank will offer any discount if I pay it off early?
Unlikely, in fact you may be faced with a penalty for early prepayment. No harm in asking though.
by Pantheman
29 Sep 2019 18:56
Forum: General Property Questions
Topic: Land zoning - agricultural / building land
Replies: 2
Views: 630

Re: Land zoning - agricultural / building land

Hi there, Does anyone have any experience regarding land zoning in Larnaca? My family have agricultural land in Larnaca - we are hoping that the land will be allocated as building land (and we could explore building houses / flats on the plot). I was previously informed that land zoning is reviewed...
by Pantheman
24 Sep 2019 11:52
Forum: Selling Property
Topic: Offer made on Property in Cyprus
Replies: 6
Views: 1076

Re: Offer made on Property in Cyprus

You're welcome.
by Pantheman
23 Sep 2019 16:35
Forum: General Property Questions
Topic: Capital gains on family property
Replies: 2
Views: 687

Re: Capital gains on family property

Hello We have received an offer for the sale of a property given to myself and my brother as a gift from our mother. The title deeds were transferred to our names 3 months ago. Do you know if there are any exemptions to the capital gains payable on the sale of a property obtained as a gift from a p...
by Pantheman
23 Sep 2019 16:27
Forum: Selling Property
Topic: Offer made on Property in Cyprus
Replies: 6
Views: 1076

Re: Offer made on Property in Cyprus

Once a buyer is found, these are the steps. 1. A reservation fee (usually 3k-5k) is given to YOUR lawyer to remove the property from sale (assuming you have it with agents) 2. A contract of sale is drawn up, usually by your lawyer and signed by both parties. (if you don't have the deeds an assignmen...
by Pantheman
22 Sep 2019 14:26
Forum: Selling Property
Topic: Offer made on Property in Cyprus
Replies: 6
Views: 1076

Re: Offer made on Property in Cyprus

Do not accept this, due to strict anti money laundering laws you will have massive problems and no bank will accept it from you. That is a classic excuse about drawing due to not trusting the banks, but if he has ALL the withdrawal slips then he can rebank it. Unless the money comes via a bank walk ...
by Pantheman
28 Aug 2019 22:19
Forum: General Property Questions
Topic: Who owns the pavement in front of the house.
Replies: 5
Views: 1187

Re: Who owns the pavement in front of the house.

OK thanks guys. I will probably get the work done myself, my fear is if it is not done to their satisfaction, they will ask for it to be torn up and done again. In view of that I will talk to the Muchter and get his approval. Following on from that I intend to construct a retaining wall at the fron...