Cyprus Property Forum for Buyers, Sellers & Investors

Hi pissouri123 It's the purchaser's responsibility to to instruct their lawyer to carry out a title search on the property . The cost of the actual search is €20, but the lawyer will include their fees for doing the work. It does involve two trips to the Land Registry office - one to request the se...

Thanks Nigel! Is there any contact information for Pantheman? It's starting to sound like the only way to know is to apply for a building permit. Is that a document accessible online or do I need to be in Cyprus to fill it out? Cheers! Hello SPapa, Some questions for you: 1. Where is you land locat...

Than you for your informative response. Things are a clearer for me now, I understand the need for a timescale. If they give me a reservation fee, you mention that I cannot sell elsewhere. However, does this mean that if my circumstances unfortunately changed, I cannot cancel the sale (before contr...

HI Thank you for your reply, Pantheman. I understand now that it is actually a reservation fee. It is that an acquaintance who wishes to buy my house so no agent. Hence, who would this reservation fee be paid to? This acquaintance cannot start the sale process until December (needs to sell in UK fi...

It's not a deposit as such, it is a reservation fee to remove the property from sale pending the paperwork. As for reservation agreements, whatever Nigel said. As for amount, it is normal for reservation fees to be €3k - €5k. Depends also on the sale price, I mean if you were selling a €1mn house wo...

espghia wrote: ↑31 Aug 2022 13:42 OK. Thanks again. It looks like the road was proposed 40 yrs ago, so it may never actually happen!

Well, if you had stated that very small detail in the beginning!!!

espghia wrote: ↑31 Aug 2022 01:37 Thanks Pantherman. Have not received anything from any department about this. Found out by chance. Is there a website for the planning department?

You are unlikely to get the info you need on the website. You must go in person.

Sorry.

Hi Nigel and others. I have a parcel of land in Larnaca district and I am being told that there is going to be new road (eventually) that will cut through my land. I have a couple of questions. First, how can I confirm that there is a plan for this to happen, eg, do I ask the local council? Second,...

I am in the UK and arrive in Cyprus on 22 Sept to live. I have bought a 2 bed apartment to live in until I find a larger house with some land. I am considering the purchase of a bungalow on the outskirts of Polemi. I have had to people visit the property for me and both indicated the road to the pr...

Hi Nigel My late husband left his half of our apartment to my daughter in his Cypriot will. I know buyers have to pay a transfer fee. We are going through probate at the moment but we are wondering if there my daughter or my husband's estate will have to pay a transfer fee? Thank you for your help ...

Hello, In any compulsory acquisitions, the government must have a valid reason for acquiring it. It cannot just 'was taken by the government in the 70s as it was of interest to the government as it may contain treasure trove' s you say. What reason did they give. The interest was 9% until an amendin...

Hi I wrote in about 4 years ago whilst i was looking at options to sell a property without deeds. Circumstances changed and deeds are around the corner so need to be looking at taxation implications. Heres the situation............ In 2006 my father and his wife bought a property on a new developme...

Hi Nigel, Please guide me to find information on the 'common expenses' payment rules. I am interested to understand if we have a base to ask owners of flats in the building with no tenants (empty flats) to pay common expenses even if the flats are empty during some months. Thank you in advance. Lau...

Transmitter Man wrote: ↑18 Jun 2022 11:15 I have come across some agricultural land with a zoning of (ΓX).

Am I correct in that this designation means the land is not in a protected zone?

Thanks.

David

I don't think such a zone exists, are you sure it is not TX??

Hi, thanks a lot for the additional comments. I've got it, will check with the accountants then how much is it going to be the annual cost for dormant company just holding the property. Now more just out of curiosity already, may I ask few more questions. First and foremost, as an non eu citizen yo...