Advice about buying property & News in Cyprus
Cyprus Property Transfer Fees New Law The House of Representatives has voted unanimously to abolish or reduce Cyprus Property Transfer Fees for a period of six months. The changes came into effect on Friday 2nd December 2011 and will remain in force until the end of May 2012. For those who pay VAT on their [...]
Investors taking more interest in Cyprus After some months after being out of the top ten countries for overseas property investors, Cyprus is back in at the number seven spot in the October ‘Top of the Props’ chart published by TheMoveChannel.com. CYPRUS’ popularity as a destination for overseas property investors has increased according to the [...]
Airport Body Scanners Plans to roll out Manchester Airport’s ‘naked’ body scanner to other parts of Europe have been halted – until EU chiefs are convinced they do not pose a risk to health. The European Commission has stopped all new trials of the controversial £80,000 device after scientists raised fears it could [...]
Cyprus Government abolishes property taxes EARLIER today the voted unanimously to abolish or reduce transfer fees for a period of six months, according to a report in Stockwatch. For those who do not pay VAT when they buy their house, property transfer fees are to be reduced by 50%. For those who pay VAT on [...]
British drug dealer jailed over property fraud A Cypriot court has sentenced convicted drug dealer and former Teesside rave club owner Gary Robb to ten-months in jail in connection with a case involving the appropriation of Greek Cypriot property, in the northern Turkish occupied areas. INFAMOUS British property developer, Gary Robb received a 10-month jail [...]
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