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January Louetta

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Cyprus Property Buying Guide

PLOTS OF LAND IN DIERONA & AKROUNDA, LIMASSOL The switch tax is based on the acquisition value or market worth of the property, as determined by the Land Registry department. If the property is in joint names, the property value is halved, resulting in decrease switch fees. A non-Cypriot purchaser must then make an utility to the Council of Ministers to acquire immovable property - largely a formality - including financial institution reference, felony information, the dimensions of the land, and a press release that this is the one home he will maintain in Cyprus. Though the procedure can take up to one year, there may be in the meantime no restriction on utilizing the property, and in the unlikely occasion that approval isn't granted, the client can re-apply, and anyway has 17 years in which to sell the property. You ought to ensure you do not use one of the many non registered agents ask to see the license which have to be displayed within the workplace. Legal property brokers are members of CREAA, the Cyprus Real Estate Agents Association. Investment and Residency Properties in Cyprus and Greece We are an company who takes care of the wants of its customers via every stage of the promoting, buying and letting processes. Cyprus Land and Plots For Sale - List of plots of land for sale in Paphos (pafos) space by T. Sarikas Property Professionals - - the main Real Estate Agents in Paphos, Cyprus.

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