Immovable Property Tax

General questions & discussions on Cyprus property related matters
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Antonios
Posts: 15
Joined: 24 Apr 2013 08:14

Immovable Property Tax

Post by Antonios » 15 Mar 2019 16:19

Probably a silly question but now we are not paying IPT on our properties, do we still have to pay our developer the IPT that was paid by him on our villa from 2006 - 2013. Also if we do, does the IPT start from when we take the property over or while it is being built. Many thanks.



Pantheman
Posts: 557
Joined: 26 Jan 2008 14:44
Location: Famagusta District
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Re: Immovable Property Tax

Post by Pantheman » 15 Mar 2019 16:57

Yes, you have to reimburse the developer for taxes between 2006 - 2013.

You pay the tax (and all other dues) from the date your contract was signed and deposited at the land registry.


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