Cyprus property Blog and News

  • OVER the past year or so the Cyprus government has introduced more changes that any previous government to improve the fortunes of those who have bought property on the island. Previous governments made numerous vacuous announcements to resolve the property issues including “an arsenal of weapons...
  • SOME 1,000 applications have been filed in nine days and thousands more were expected from people who paid for their property but did not have title deeds either because it was mortgaged by the developer, or the state could not go ahead with the transfer because of outstanding taxes. The law aiming...
  • THE HOUSE on Thursday passed a law extending the deadline for payment of Immovable Property Tax (IPT) to the end of December, with a significant discount for those paying their tax earlier, by the end of November. For early payments by end-November, a discount of 17.5 per cent will be given, unless...
  • DIKO and DISY parties yesterday called for a greater discount on Immovable Property Tax (IPT) for people paying before the 2015 deadline. Last week the cabinet approved a bill extending the deadline for payment of IPT to the end of November. The current deadline is September 30. Additionally, an...
  • CABINET has approved a bill to extend the deadline for paying Immovable Property Tax until November 30, 2015. The bill also provides for a 15% discount for those who pay by the end of October – plus a further discount of 2.2% is available if payment is made online via JCC Smart or through a...
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