Archives: 2007   March

NUMBERS OF BRITONS IN CYPRUS

Total Inc. part-time Pensioners % male % female

59,000

65,000

11,742

46

54

 

An estimated 5.5m British people live permanently abroad – almost one in 10 of the UK population. The emigration of British people has happened in cycles over 200 years. The trend is now rising again: some 2,000 British citizens moved permanently away from the UK every week in 2005.

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Posted in Cyprus News on Mar 29th, 2007, 1:18 am by The Editor     

Google Earth is the best friend of Cyprus Property Buyers

 ,google earth

 Yes, Google Earth is the best friend to anyone who is planning to purchase a piece of land in Cyprus for general building development or for your dream custom built home.

You can take photographs of the plots you have seen and then use software to “stitch” together one or more panoramics to help you make decisions or work very effectively with your Architect and Civil Engineer.  Best still you can use Google Earth to show you the profile that you recorded in your panoramic and accurately put in a Google Pin to remind you where it is.  And you can go back and fly up and around the plot and its orientation in the landscape.

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Posted in Cyprus News on Mar 28th, 2007, 1:10 am by The Editor  1 comment   

Stamp Duty - Cyprus

Is Stamp Duty payable on the Building or Construction Contract for a new house on your own land in addition to the Stamp Duty paid on the contract to purchase the land?

stamp

Yes, on the interpretion of Cyprus Law by PWC - Price Waterhouse Coopers.

Under the Stamp Duty legislation of Cyprus, stamp duty is imposed on documents referring to assets in Cyprus, or matters or things that will be done in Cyprus irrespective of where the documents are signed.

Therefore, if there is no document, no stamp duty arises.

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Posted in Cyprus News on Mar 27th, 2007, 1:05 am by The Editor  1 comment   

Cyprus Planning Zoning - it is important

This is another very interesting article.

planzone

Beach Properties – Care of what you own By Antonis Loizou, FRICS

It should be read in conjunction with our own Article ”Why Buy Land First?” which provides some more information on Planning Zones and criteria for buying land in Cyprus.

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The Black Art of Buying Property in Cyprus™ ®
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Posted in Cyprus News on Mar 27th, 2007, 1:05 am by The Editor     

Cyprus Property - Low-cost flights swell numbers to euro-haven

Telegraph 24/03/2007

newspaper

Cyprus is a British favourite and development is proceeding apace. However, some believe that the essential quality of the island could be compromised. Ben West reports

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Posted in Cyprus News on Mar 26th, 2007, 8:45 am by The Editor