Cyprus Property Buying Information
VAT is coming to land for sale in Cyprus
Posted June 29th, 2007 by Chris RichardsOn the 1st of Jan 2008 15% VAT will be chargeable on land.
Clearly this will have two effects, new properties will become 15% more expensive and this will drag the prices of built properties upward which is good news for those who have already purchased and offers an opportunity to those looking to purchase over the coming months as some developments are currently being offered with no VAT but you’ll need to move quick to find the best deals.
Property for sale in Cyprus - home from home for Brits
Posted March 27th, 2007 by Chris MetalleCyprus is booming! The casual visitor to Cyprus could be forgiven for believing they are in a particularly warm part of the UK: the cars all drive on the left, English is widely spoken and the banking and legal systems are both based on the English systems.
Investors look to Cyprus
Posted March 27th, 2007 by Chris MetalleJoining the Euro will add to the attractions of Cyprus. On 15th February this year Cyprus applied to join the Euro becoming the 14th country to do so. During March and April the European Central Bank is expected to evaluate Cyprus's application, comparing the country's economic performance against the strict criteria necessary to join the currency.




