Cyprus Property Brokers - Buying property for sale in Cyprus

Cyprus Property Brokers Ltd

P O BOX 61656
Paphos, Cyprus, 8136
Tel.: +357 99254381
Mob.: +357 99254381
Fax.: +357 26642592
E-mail: info@cypruspropertybrokers.com

VATProperty Legal Information

Since 1/5/04 a statute in respect of VAT on properties was introduced. In addition to other amendments, this statute introduced VAT at the rate of 15% (All properties in this brochure include VAT, if the VAT law applies to the project) VAT is imposed to those projects that the building permit application was applied after May 1st 2004. It is worth noting the imposition of vat on land is imminent (expected to be imposed between 2008 - 2009).

Property Legal Information

Purchase Cost

Stamp Duty

Estate Duty

Local Authority Taxes & Rates

VAT

Running Costs of Property in Cyprus

Insurance

Utilities & Municipality Levies

Relevant Common Expenses