Search found 2386 matches

by Nigel Howarth
15 Mar 2019 09:25
Forum: General Property Questions
Topic: VAT on land
Replies: 6
Views: 31

Re: VAT on land

Unfortunately there are no specific rules.

Regards,
by Nigel Howarth
14 Mar 2019 17:23
Forum: General Property Questions
Topic: VAT on land
Replies: 6
Views: 31

Re: VAT on land

A couple of Cypriot friends who bought a number of plots privately ran into this problem. They bought five and decided to sell three as their gardens would be too large to manage. Their lawyer advised them that they would be liable for VAT. “… if there is a sale of two (2) plots of undeveloped land ...
by Nigel Howarth
14 Mar 2019 11:08
Forum: Announcements
Topic: British Citizens Preparing for Brexit
Replies: 0
Views: 13

British Citizens Preparing for Brexit

I spent an informative couple of hours on Wednesday with The British High Commissioner, Stephen Lillie CMG, his team and several other guests at his residence in Nicosia. The main subject of the meeting was preparing for Brexit. As you are probably aware, the situation with Brexit is unclear at the ...
by Nigel Howarth
13 Mar 2019 19:43
Forum: General Property Questions
Topic: Revision of 2013 Valuation
Replies: 5
Views: 43

Re: Revision of 2013 Valuation

Hi Bear As Pan has said, the taxable value is used to assess sewerage charges, which includes surface water collection. It's also use to calculate the 'local' property tax imposed by your Community or Municipality. The last time taxable values were assessed was in 2013 - and there was a process by w...
by Nigel Howarth
13 Mar 2019 01:11
Forum: General Property Questions
Topic: Revision of 2013 Valuation
Replies: 5
Views: 43

Re: Revision of 2013 Valuation

The value of an estimated 2 million properties are to be re-assessed. The procedure is underway and should be completed by the end of June.

As Pan has said, the valuation is not the market value - it's the taxable value which is used to calculate property-related taxes.

Regards,
by Nigel Howarth
08 Mar 2019 00:06
Forum: Introduce Yourself
Topic: New Forum User
Replies: 3
Views: 48

Re: New Forum User

Hi socofian4

You can find details of the changes at Cyprus Investment Programme and Cyprus Investment Programme – 15 May 2019.

Regards,
by Nigel Howarth
06 Mar 2019 19:16
Forum: Louise Zambartas' Legal Questions
Topic: The (accidental?) Imposition of Forced Inheritance.
Replies: 2
Views: 49

Re: The (accidental?) Imposition of Forced Inheritance.

Hi The Bear I published an article about changes to inheritance law in 2015 - Inheritance in the EU . "Under the new rules, the courts of the EU country where the person usually lived at the time of their death will deal with the inheritance and will apply the law of that EU country. However, citize...
by Nigel Howarth
05 Mar 2019 23:50
Forum: Contacts
Topic: Branches of trees collection
Replies: 3
Views: 31

Re: Branches of trees collection

You could try to find someone to take them away for you - perhaps someone with a twin cab. But they'll need to be paid for their troubles.

We have our trees cut every two years. As I recall the man with the skip charges us €50.

Regards,
by Nigel Howarth
05 Mar 2019 20:24
Forum: Contacts
Topic: Branches of trees collection
Replies: 3
Views: 31

Re: Branches of trees collection

Hi shatulana I believe you're in Limassol? We're in Erimi and have a very large Green Point in Kolossi where we take our tree prunings and other items. It is very well laid out and has about 20 skips for various items ranging from furniture, sanitary ware and electrical appliances to medicines and t...
by Nigel Howarth
03 Mar 2019 23:32
Forum: General Property Questions
Topic: Types of Title Deeds
Replies: 2
Views: 68

Re: Types of Title Deeds

Hi sailorpete "Full Title Deed" means the Title Deed is complete – it includes the land and the dwelling/building, the assessed value of the property for taxation purposes. "Title Deed Available" means the Title Deed is complete (as above) but its purchaser hasn't paid the Property Transfer Fees to ...
by Nigel Howarth
01 Mar 2019 23:14
Forum: Communal Property Management
Topic: Setting up a Committe
Replies: 1
Views: 42

Re: Setting up a Committe

Hello serena and welcome to the property forum. The banks issued a circular last year regarding bank accounts for Management Committees. I was given a copy by the former co-op bank. It translates as follows: "We inform you that it is possible to create an account in the name of the Management Commit...
by Nigel Howarth
01 Mar 2019 01:05
Forum: General Property Questions
Topic: Finding owner of niegbouring property
Replies: 24
Views: 639

Re: Finding owner of niegbouring property

Bursting of Pipes looks good to me - or Flood.

Regards,
by Nigel Howarth
01 Mar 2019 01:04
Forum: General Property Questions
Topic: Leveling Land & Laying Concrete Driveways
Replies: 14
Views: 127

Re: Leveling Land & Laying Concrete Driveways

There's an article by Antonis Loizou on the subject that you can find at Houses on Agricultural Plots in Cyprus.

Have the restrictions been lifted Pan?

Regards,
by Nigel Howarth
28 Feb 2019 22:07
Forum: Louise Zambartas' Legal Questions
Topic: Due Diligence on Lawyers
Replies: 1
Views: 28

Re: Due Diligence on Lawyers

Unfortunately Sailorpete, the only thing you can is search their name on Google. The decisions of the Cyprus Bar Association are shrouded in secrecy. Unlike the US (and the UK) the results of their disciplinary proceedings are not publicly available. If you send me a pm, I can let you know if I've r...
by Nigel Howarth
28 Feb 2019 19:03
Forum: General Property Questions
Topic: Leveling Land & Laying Concrete Driveways
Replies: 14
Views: 127

Re: Leveling Land & Laying Concrete Driveways

Hi David

Just to add to what Pantheman has advised, I believe the land you're considering is classed as agricultural (because of the 1% building density).

If it is agricultural land, planning permission will almost certainly be refused.

Regards,