maintenance of the pool
Cyprus Features of real estate taxation
The acquisition of real estate in Cyprus is in demand among foreign citizens who are absolutely not afraid of the high cost of housing. Prices, on the contrary, attract potential buyers who want to buy an apartment, apartment or house in a country where there is no crime, a favorable climate, beautiful nature, quality of life and excellent business development opportunities. But foreigners who buy studios, apartments, villas, apartments in residential complexes must, before concluding a transaction, study the specifics of the tax payment system.
Types of taxes
When buying property in Cyprus, foreign citizens are subject to local tax laws, according to which the following types of fees must be paid:
A one-time payment when the registration of property rights takes place.
Special stamp duty (payable once).
Property tax that the owner of a particular type of housing will have to pay every year. Continue reading
How I bought apartments in Sunny Beach in Bulgaria
Having received such information from relatives, we examined the site of the developer, who was also a seller of apartments, and contacted the sales manager. After that, they assessed their financial capabilities and decided to purchase two-room apartments in the Sweet Homes 3 complex, which is under construction on the 4th line. The contract was signed in 2014, and the object was commissioned in 2016. It was then that I came to Bulgaria for the first time and issued real estate rights.
How we chose apartments
Choosing the right apartment was very easy. The site of the developer has complete information about the price, area and layout of the apartment. In 3D mode, you can see how the surrounding area looks. We chose apartments on the 4th floor overlooking the pool and the main entrance to the complex. It is worth saying that all apartments are decorated in a single design style, equipped with furniture and household appliances (TV, microwave, air conditioning, refrigerator). Continue reading
