Immigration to Italy: visa benefits and advantages of obtaining a residence permit
According to the latest survey by the reputable Gallup Public Opinion Research Institute in 2019, more than 20% of Russians would like to immigrate. That is, every fifth resident of…

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Why I bought an apartment in North Cyprus
Which of us does not dream of our own house on the shores of a warm, boundless sea. I did not dream - until that very moment, until I ended…

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Features of buying property in Northern Cyprus
In Northern Cyprus, a unique, but completely stable, political situation has developed. A small part of the land in the state remained in the possession of the Greek Cypriots previously…

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investor has invested

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

Alicante. Buying Property For Rent
According to Spanish real estate agencies, more than 20% of the total housing stock in Spain is leased. In Alicante, this figure is even higher - 30% and will only…

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In which region of Spain is it profitable to buy real estate?
The cost of a house, villa or apartment in Spain largely depends on its location. The same factor determines the possibility of making a profit from renting, the ability to…

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How to buy property in Cyprus
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