Cyprus Property Forum for Buyers, Sellers & Investors

My father just told me to ask the builders what 'needs' to be done in order for it to be habitable. This sounds to me like giving the builder an open cheque. You may want to get a RICS surveyor to inspect the property and itemise what needs to be done to make it habitable - and in what priority ord...

Anyone can draw the plans but whoever signs the plans must be registered with the authorities.

Regards,

Do you have any photos of the property showing what needs to be done?

Hi Steve, In the UK it's very straightforward for an estate agent to assess the value of a property as houses change hands every seven years on average. There's a wealth of information about sale prices achieved in the same area as the property, when they were sold, etc. There's none of this in Cypr...

Hi Sunlover and welcome to the forum. I suggest you seek legal advice on this. Since her firm has grown over the years, Louise no longer has the time to answer questions here. You can contact the firm via its website . There is a description of the Statute of Limitations Law at Litigation and Enforc...

I was trying to help you dissuade people from using the pool when the lifeguard wasn't on duty. Regulation Number 368/96 paragraph 47(2) states that all the trained supervisors will be on duty during the operation and the use of the swimming pool. Their number is determined in accordance with the si...

Hi Barry This is a problem that all Management Committees face; there's no absolute solution. The best you can do is put up signs advising pool users that those using the pool while no lifeguard is present do so illegally and at their own risk. The MC should also insure themselves against public lia...

Hi Needgoodnews and welcome to the forum. Under the provisions of the UK/Cyprus Double Taxation Convention . you will pay Capital Gains Tax from the sale of the property to the Cyprus Tax Department. This tax will be based on the price paid for the family home when it was bought by its previous owne...

J B wrote: ↑31 Jul 2023 20:20The companies he deals with have added 18% to property rebuild costs this year.

That's because construction material costs have rocketed.

Cheers,

Hi Paul

I published an article a last year Average cost of building a house, which gave a figure of €1,059/sqm. for 2020.

Since then, the price of construction materials has escalated due to increased demand following COVID, Russia's war in Ukraine pushing up energy prices, etc.

Regards,

Hi Paul A contractor cannot design your home. The only person who can do that is a registered architect. The costs can vary hugely depending on ground conditions and the amount of work needed to make the plot suitable for building, the design of the property, the size of the property, the quality of...

Hi Dave_Lages

Send it recorded delivery - the named recipient must sign on delivery.

I've not heard of the Land Registry revoking a PoA. Please let me have the link to the posting.

Regards,

Hi AlRe If someone has an accident in your pool or anywhere else in the jointly-owned building, the owners would be held liable. Does this so-called 'Owners representative Group' organised jointly-owned buildings insurance? Does it include public liability cover? Does the company who collects the fu...

Hi Dave It means that you can live in the property until you pop your clogs and the beneficiary of your property (whoever they may be) cannot take an dispose/occupy, etc. of the property. This is usually used when parents gift their property to their children as there's no need for the property to b...

Hi Dave_Lages and welcome to the forum, Here's a PoA used to discharge a lawyer. You can use this as a basis for your family member Dear name of old lawyer Please accept this email as notice of our intention to discharge you as our lawyers henceforth. All and any powers of attorney which you hold ar...