Search found 2440 matches

by Nigel Howarth
10 Sep 2019 10:33
Forum: Communal Property Management
Topic: Complex committee
Replies: 3
Views: 214

Re: Complex committee

Hi Monman

A Management Committee does not have to be registered.

Did they say who they're not registered with?

Regards,
by Nigel Howarth
09 Sep 2019 10:30
Forum: General Property Questions
Topic: short term rentals in Cyprus
Replies: 2
Views: 131

Re: short term rentals in Cyprus

Hi Elpida & welcome to the forum

There's been no further news on short-term rentals. I've looked at the Cyprus legal database and there are no new laws on the subject.

Regards,
by Nigel Howarth
06 Sep 2019 10:04
Forum: Property Ownership
Topic: Title Deeds and the LRO
Replies: 28
Views: 8544

Re: Title Deeds and the LRO

I hope the hearing goes your way.

Regards,
by Nigel Howarth
30 Aug 2019 19:11
Forum: General Property Questions
Topic: Maintenance payment options
Replies: 2
Views: 221

Re: Maintenance payment options

Hi Alan

No new system has been introduced. I expect the MC considers it will get a better job by contracting a company that specialises in pools.

When you say you have a 'very high payment', what's the total annual budget and how many properties are there in the development?

Regards,
by Nigel Howarth
28 Aug 2019 13:09
Forum: General Property Questions
Topic: Who owns the pavement in front of the house.
Replies: 5
Views: 257

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

Hi Finikaria Freedom and welcome to the forum.

You'll need to check your Title Deed, but I suspect (like me) you own the pavement & therefore responsible for its repair and maintenance.

Regards,
by Nigel Howarth
28 Aug 2019 10:23
Forum: Communal Property Management
Topic: Complex committee
Replies: 3
Views: 214

Re: Complex committee

Hi Monman The difference is that there is no such animal as a 'Registered complex committee'. Where did you hear about this? (and the correct term is Management Committee.) You can read more about Jointly-owned Buildings and how they are managed etc. in the English translation of the relevant law . ...
by Nigel Howarth
20 Aug 2019 21:10
Forum: General Property Questions
Topic: How long from completion does it take to recieve funds?
Replies: 1
Views: 204

Re: How long from completion does it take to recieve funds?

Hi James & welcome to the forum When you sell a property you need to get confirmation for the Tax Department and the local Community/Municipality that you've paid all outstanding taxes before the property can be transferred to your purchaser. Here's an extract from the 'Department of Lands & Surveys...
by Nigel Howarth
16 Aug 2019 21:46
Forum: General Property Questions
Topic: VAT on home construction over 200 square meters
Replies: 3
Views: 312

Re: VAT on home construction over 200 square meters

Hi Zoom123 Looking at the example you would pay VAT at the reduced rate of 5% on the cost of the first 200sqm and VAT at the full rate of 19% on the cost of the rest. If you know the cost of the 210sqm. house your having built and the cost, you should be able to work out VAT at 19% on the 10sqm. Reg...
by Nigel Howarth
14 Aug 2019 21:53
Forum: General Property Questions
Topic: VAT on home construction over 200 square meters
Replies: 3
Views: 312

Re: VAT on home construction over 200 square meters

Hi Zoom123

There used to be a leaflet on one of the Cyprus Government websites, but it's no longer there. There's an article - VAT on the purchase of real estate in Cyprus - that may give you a clearer picture.

Regards,
by Nigel Howarth
14 Aug 2019 09:58
Forum: Mark Nowell's Financial Questions
Topic: Communal Fees - Making them up!
Replies: 4
Views: 887

Re: Communal Fees - Making them up!

it would also be interesting to have all the figures for total sq meterage and annual fees to see if the non penthouse apartments were in effect subsidising the larger ones ? If you would like me to find out what sqm of the individual units in your development, drop me an email. I'll need a scan/cl...
by Nigel Howarth
10 Aug 2019 10:34
Forum: Mark Nowell's Financial Questions
Topic: Communal Fees - Making them up!
Replies: 4
Views: 887

Re: Communal Fees - Making them up!

At least it's sorted.

But it's the developer who advises the Land Registry of the areas of each unit so I don't how the figures Blue Orange had were different?

And as you have your Title Deeds why haven't you set up a Management Committee as required by the law?

Regards,
by Nigel Howarth
26 Jul 2019 20:55
Forum: General Property Questions
Topic: Finding owner of property.
Replies: 2
Views: 668

Re: Finding owner of property.

Hi Ofer Unfortunately it can be difficult to find out who owns the house: In England and Wales The Land Registry operates an open register which means that copies of all documents referred to on the registered title can be obtained by anyone, subject to payment of the necessary fee. In Cyprus Inform...
by Nigel Howarth
19 Jul 2019 08:18
Forum: Mark Nowell's Financial Questions
Topic: Tax Free Lump Sum
Replies: 3
Views: 388

Re: Tax Free Lump Sum

On the subject of MEU1, does anyone know the questions they ask at the immigration interview ? It isn't really an interview - it's checking the information that you take with your application. (I don't know of anyone who's been refused - I've been here for 17 years.) When you visit Immigration to m...
by Nigel Howarth
18 Jul 2019 19:46
Forum: General Property Questions
Topic: Mazotos Land Sales
Replies: 3
Views: 661

Re: Mazotos Land Sales

Hello Avraamides and welcome to the forum.

There is a portal in Cyprus which has some on the features of Zillow - https://www.zyprus.com/

Other than that you cold try Googling mazotos land sale.

Regards,
by Nigel Howarth
18 Jul 2019 14:23
Forum: Mark Nowell's Financial Questions
Topic: Tax Free Lump Sum
Replies: 3
Views: 388

Re: Tax Free Lump Sum

Hi Hawkeye and welcome to the Forum BREXIT (allegedly) will happen on 31st October - deal or no-deal. If there is a deal you'll have a two-year transition period to work things out. I guess you've seen what information the authorities require before granting a Registration Certificate (MEU1) (Reside...