Cyprus Property News for home buyers and real estate investors

Monday 18th January 2021

Andrea Pavlou

Tax incentives may cost €21 million

The property tax incentives designed to attract high-net-worth foreign investors to Cyprus could cost the government up to €21 million a year according to finance minister Harris Georgiades.

Gaining access after paying reservation fee

A potential buyer should never assume that he/she will be allowed to visit and enter a property after paying a reservation fee because that may not be the case and can lead to frustration.

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