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Cyprus property

3 bed apartment for sale Just added This is how many get away with letting out their properties without being prosecuted. This matter just isn't policed vigorously by the Cypriot authorities as a result of they don't wish to discourage potential investments in Cyprus and also it is not such a nasty thing to have tourists staying in these properties, on a brief term basis, as they convey in much needed revenue. Cyprus home costs have been on a decline. Look no additional than our Cyprus property weblog where we have published every price reduction for years. As the registered owner of the property, you're liable to an annual Immovable Property Ownership tax calculated on the market value of the property as at 1st of January 1980 (paid by the 30th of September in the 12 months). Immovable Property Tax is payable to the Inland Revenue Department of the Republic of Cyprus. Our View: Hypocrisy on show in buy of… But, in fact, the property can't be transferred if there is no Title Deed. “Is it secure to buy property in Cyprus? ” is a question I’m continuously being asked and although adjustments to the law in recent years have improved the scenario, some buyers are still in danger. We provide invaluable consulting which provides you the edge you need within the Cypriot actual estate market.

property for sale in Larnaca