Real estate in Prague - an alternative to investment in real estate in Moscow?
According to the results of recent years, the Czech Republic is steadily among the ten countries in Europe that are in demand among real estate investors. And it is Russian…

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Buying Property in Italy
According to statistics of the portal 1‑property.ru, in 2018, more than 3.5 million applications for a Schengen visa were received from Russian citizens. At the same time, Italy is one…

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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…

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foreigners should be prepared

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 we decided to buy an apartment on the Costa Daurada
There were several reasons for this. Firstly, I learned about the real-estate crisis in 2008–2013, which has hit a price crisis. in this country. It continues now, although, in fairness,…

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Unusual property. Houses on water and under water
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