Cyprus submitted application to enter Schengen area in September Cyprus submitted an application to become part of the Schengen area in September, Foreign Minister Nikos Christodoulides told parliament on Monday. “The government has submitted the application for security reasons and we are now expecting the European Union to come and start its evaluation process which … Continue reading CYPRUS SOON IN THE SCHENGEN ZONE
Parliament is set to pass an amendment to the rent control law next month that would make it easier for landlords to evict tenants who fall into arrears or deliberately don’t pay. Landlords will no longer be obliged to provide evidence that tenants are inconsistent towards their rent obligations, which made eviction of occupants, a … Continue reading EVICTION OF NON-PAYING TENANTS TO BE MADE EASIER IN CYPRUS
In this post you will find out how much tax you will pay when buying a property (new or resale) in Cyprus. VAT (Value Added Tax) TRANSFER FEES STAMP DUTIES EXAMPLE 1 Buyer chooses to buy a new 2 bedroom apartment for 170,000 Euros + VAT. The buyer is a foreigner and this is the … Continue reading TAXES WHEN BUYING A PROPERTY IN CYPRUS
Lanomex Co Ltd, the company behind “Larnaca Tower” project in the area of Finikoudes in Larnaca, has submitted the final environmental report to the Environmental Department for the erection of the two impressive towers that will transform Larnaca Real Estate & Development. One of the two multi-storey buildings of the already known project will operate … Continue reading LARNACA 30 FLOOR TOWER COMING SOON
Invest Cyprus (the Cyprus Investment Promotion Agency), accompanied by leading Cypriot companies active in the professional services and real estate development sectors, participated in the international MIPIM Exhibition (Marché International des Professionnels de l’ Immobillier), which took place at the Palais des Festivals in Cannes, France between 12-15 March. MIPIM is considered to be the … Continue reading PROMOTING CYPRUS AT THE MIPIM INTERNATIONAL PROPERTY EXHIBITION IN CANNES
