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by Nigel Howarth
14 Apr 2019 20:14
Forum: General Property Questions
Topic: Steel vs Concrete frame (vs other options)
Replies: 2
Views: 803

Re: Steel vs Concrete frame (vs other options)

Hi Zoom123

Take a look at Concrete vs Steel Construction.

If you Google Concrete vs Steel Construction you'll find several articles.

Regards,
by Nigel Howarth
09 Apr 2019 20:46
Forum: General Property Questions
Topic: Person or Company that clean and repair Patios.
Replies: 2
Views: 697

Re: Person or Company that clean and repair Patios.

Hi HBoss

I can't help you, but someone on the Paphos Life forum may be able to advise.

Regards,
by Nigel Howarth
09 Apr 2019 20:43
Forum: General Property Questions
Topic: Finding owner of niegbouring property
Replies: 26
Views: 3977

Re: Finding owner of niegbouring property

Communal property is owned by everyone, whereas the floor of the apartment above and the ceiling of the apartment below are shared between the owners of those apartments (like party walls).

Regards,
by Nigel Howarth
05 Apr 2019 13:42
Forum: Selling Property
Topic: Defaulting on a loan
Replies: 36
Views: 29725

Re: Defaulting on a loan

I am considering sending the keys back to the bank with the hope of this being full and final settlement. I have guarantors involved and I know this makes matters worse for everyone. Welcome to the forum. I haven't heard from anyone who's managed to had their property back to the bank in full and f...
by Nigel Howarth
02 Apr 2019 09:32
Forum: Property Ownership
Topic: Conversing with the DLO
Replies: 3
Views: 767

Re: Conversing with the DLO

coops wrote:
01 Apr 2019 23:42
Are these the people who have set up in the coffee shops of the LRO
I expect they are - in Limassol they sit around outside the land office.

Regards,
by Nigel Howarth
30 Mar 2019 19:13
Forum: Communal Property Management
Topic: Decomissioning a pool
Replies: 4
Views: 903

Re: Decomissioning a pool

Hi Peter

The law includes details of voting situations and majorities needed - see Jointly-Owned Building Law.

Regards,
by Nigel Howarth
30 Mar 2019 09:38
Forum: Communal Property Management
Topic: Decomissioning a pool
Replies: 4
Views: 903

Re: Decomissioning a pool

Hi Peter and welcome to the forum Apologies for the delay, I've only just spotted your post. What the Management Committee should be doing is taking action against the non-payer to recover the money. But meanwhile everyone else will have to pay more to cover the shortfall. There is nothing in the la...
by Nigel Howarth
27 Mar 2019 09:07
Forum: Property Ownership
Topic: Conversing with the DLO
Replies: 3
Views: 767

Re: Conversing with the DLO

Hi coops

I expect you're after information regarding your application for Title Deeds? There are around 70,000 others wanting the same.

There are people outside the LROs who may be able to help, but I wouldn't hold your breath.

It's a case of waiting. The LRO will be in touch eventually.

Regards,
by Nigel Howarth
27 Mar 2019 08:56
Forum: Buying Land
Topic: Cypriot Pervoli
Replies: 3
Views: 1371

Re: Cypriot Pervoli

Hi deb and welcome to the forum.

Don't buy this land. In all probability the small building has been built illegally and you will not get planning permission.

The deed will show the land, but not the building and the chances of getting it added are zero.

Regards,
by Nigel Howarth
22 Mar 2019 20:18
Forum: Selling Property
Topic: estate agent agreement
Replies: 3
Views: 776

Re: estate agent agreement

Hi Andrew

Look at it this way - would you pay an estate agent in the UK his commission before the sale had gone through and you'd received the money?

Regards,
by Nigel Howarth
15 Mar 2019 09:25
Forum: General Property Questions
Topic: VAT on land
Replies: 6
Views: 1182

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: 1182

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: 1470

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: 1190

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: 1190

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,