Cyprus property transfer fees abolished!

Latest news reports says Cyprus Government abolished or reduced the property transfer fees. According to a report in Stockwatch, the house of representatives (Cypriot MPs) voted unanimously to abolish property transfer fees for a period of six months. Property transfer fees will be reduced by 50% for those who do not pay VAT when they buy their house. Also, for those who pay, no transfer fees will be payable. 

One thing is not clear; status of existing buyers. Whether this is applicable only to future purchases or not..

(Ref: Cyprus Property News 3/11/2011)

4-bed ground floor house in Mont Parnas!

This large ground floor house has 4 large bedrooms, a living area, 2 bathrooms, a large kitchen/diner, a seperate maids room with shower/wc, covered parking for 3 cars. Suits for family or sharers. 

http://onlineproperties.eu/index.php?option=com_ezrealty&task=detail&id=1807 

Ground floor level house for rent in Strovolos!

2-bedroom ground floor level house at €600 available for rent in Strovolos, Nicosia. Spacious with a garden, covered parking, verandas, semi- furnished, air-condition, fitted kitchen inc. dishwasher, fridge, washing machine, microwave and plenty of storage.

http://onlineproperties.eu/index.php?option=com_ezrealty&task=detail&id=1805