Tag Archives: property

Important Immovable Property Tax Notice for Property Owners

Immovable Property Tax (IPT) – Action Required As of this year, owners have responsibility for the payment of their own IPT. This is a task that was, in the main, previously undertaken by developers but the law was changed so … Continue reading

Posted in Cyprus News, Property Management, Uncategorized | Tagged , , , , , | Leave a comment

Dispute over Paphos land boundaries sees police recommending arrest of local prominent developer

By a Staff Reporter – Cyprus Mail POLICE have recommended arresting prominent developer Theodoros Aristodimou, his wife, and a former Paphos municipality official, reports said, as part of a probe into the demarcation of land plots in Paphos. Daily Politis on … Continue reading

Posted in Cyprus News, Property Management, Uncategorized | Tagged , , , | 2 Comments

Part 2 – IPT carry-over, with possible lowering of rates…

MPs favour carry-over of last year’s IPT By George Psyllides – Cyprus Mail THE government does not object to parliament amending the provisions of the immovable property tax (IPT) bill, Interior Minister Socratis Hasikos said yesterday, as parties appeared to … Continue reading

Posted in Cyprus News, Property Management, Uncategorized | Tagged , , , , , , | Leave a comment

Property Market picking up in Cyprus?…

  Local property market shows signs of recovery by Cyprus Mail CYPRUS property sales to foreigners recorded an increase of 6.8 per cent in the first quarter this year, according to a new piece of research. “No doubt this was … Continue reading

Posted in Cyprus News, Property Management, Uncategorized | Tagged , , , , | Leave a comment

Taxable properties worth €155bn

Interior Minister Socratis Hasikos explaining the provisions of the new IPT bill to the grimacing pair of DISY leader Averof Neophytou and DIKO president Nicholas Papadopoulos By Angelos Anastasiou, Cyprus Mail THE government estimates that taxable properties are worth a … Continue reading

Posted in Cyprus News, Property Management, Uncategorized | Tagged , , , , , | Leave a comment

House prices in Cyprus fall in first 1/4 of 2014

From Cyprus Mail Annualised house prices in Cyprus fell by 7.8 per cent during the first quarter of 2014, while flat prices suffered even bigger losses by 10.7 per cent, according to the property price index of the Cyprus branch … Continue reading

Posted in Uncategorized | Tagged , , , , , | Leave a comment