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All reports tagged with: "property valuations"

Local property tax set to change

Some will pay more and some will pay less local property taxes in Cyprus this year as charges will be assessed on 2013 property valuations rather than those of 1980 in efforts to provide a fairer taxation system.

Online property valuations revisited

A revised guide to finding Cyprus property valuations on the Department of Lands and Surveys website, which has undergone a major overhaul and now provides a multitude of additional features.

Valuation appeal deadline extended again

In the wake of around 22,000 individuals who filed objections to the Land Registry’s valuation of their property, the government has extended the deadline for receiving objections until the end of the year.

Valuation appeal deadline approaching

The deadline for Cyprus property owners to appeal the Land Registry’s property valuation and correct any other mistakes expires on April 24, the Interior Ministry said in an announcement.

Land Registry secrecy and mistrust

While the Land Registry refuses to disclose methodologies it employs to value properties it merely reinforces the atmosphere of suspicion and mistrust that pervades the Cyprus property market.

Cyprus property valuations now online

Following the revaluation of some 500,000 properties in Cyprus, the revised valuation of any particular property can be viewed on-line at the Department of Lands and Surveys website.

Property valuations could cause storm of appeals

The Cyprus Association of Valuers has warned that significant discrepancies between property valuations carried out by the Land Registry, commercial banks and private appraisers could result in legal tangles.

Property valuations rigged

MPs have accused the Banks and the Land Registry of rigging property valuations for their own benefit, while expert appraisers have pointed out that property valuers and the banks use different methodologies.

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