Is it safe to buy property in Cyprus?
Non-Cypriots are anticipated to request permission from the Council of Ministers upon shopping for property in Cyprus. This is merely a formality which may be applied for at any time.
Cyprus runs the danger of being trapped into…
However, there are property to buy in cyprus signs of stabilization, mainly because of government incentives. In 2015, the authorities https://emilianofxqe153.blog.fc2.com/blog-entry-2.html came up with a temporary program, reducing the price of title deed transfers by half. A spokesperson for the Ministry of Finance property for sale in limassol cyprus just lately stated that this incentive might quickly turn into permanent. He also spoke about another regulation to be introduced, which is able to cut property tax by almost seventy five% and perhaps even abolish it fully by the year 2017.
In addition, the stable http://query.nytimes.com/search/sitesearch/?action=click&contentCollection®ion=TopBar&WT.nav=searchWidget&module=SearchSubmit&pgtype=Homepage#/real estate Turkish banks in North Cyprus supply great rates of interest for both pound and lira deposit accounts. For all these causes, buying property in non Euro-zone North Cyprus is