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All reports tagged with: "cyprus property"

Cyprus construction industry enjoying a revival

Cyprus’ construction industry seems to be regaining confidence over the past year, as developers encouraged by an increase of activity, feel that the barren years of the real estate crisis are behind them.

No tax on mortgaged property sales

Those selling their mortgaged property in Cyprus to reduce or repay their mortgage debt will be exempt from paying capital gains, income tax, special defence contributions, as well as stamp duty and transfer fees.

Cyprus property value change notification

The owners of property in Cyprus must be notified by the Land Registry personally if there is any significant change in the value of their property the island’s Supreme Court has ruled.

Cyprus property rent reforms

It should soon be easier for landlords to recover their properties in Cyprus from tenants who fail to pay the rent if the bill submitted to parliament by the DISY parliamentary group is approved.

Cyprus property price rises continue

The RICS Cyprus Property Price Index for Q4 2017 reports price increases for another quarter with significant price rises for houses and apartments in Limassol and Larnaca and offices in Nicosia.

Online rented property regulation

Suggestions to regulate property in Cyprus that is offered for rent online through organisations such as AirBnB have been put to the House by MPs Averoff Neophytou and Elias Myrianthous.

Cyprus property: biggest in Europe

Did you know that the average size of a Cyprus property is the largest in Europe, while properties in Romania are the smallest according to the dwelling size statistics published by Eurostat.

Cyprus property revaluations underway

Cyprus properties are being revalued by the Department of Lands and Surveys to reflect their 2018 values; the revaluation exercise was announced by DLS Director Andreas Sokratous earlier today.

Land Registry & Property Transfer Fees

In Cyprus, Property Transfer Fees are the local equivalent of the UK’s Stamp Duty Land Tax (SDLT), is a tax that is paid by a purchaser when they buy property or land; so why are so many people complaining?

Cyprus Property Transfer Fees and VAT

MPs in Cyprus are planning to revise Property Transfer Fees and the VAT paid on land sales to eliminate distortions in the Cyprus property market, which they believe is adversely impacting competition.

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