Property Purchase Costs

luaqhgt


Joined: 17/03/2010
Posts: 159

Message Posted:
06/12/2010 20:54

Hi

Am finally ready to purchase a resale property in North Cyprus, but still doing my research. Can anyone help me with the costs involved - e.g. Solicitors costs and in particular will I have to pay any purchase taxes etc

A comprehensive list from someone who has recently purchased would be of great help - so I get the latest figures

I do realize that my costs may differ slightly from any given - Property purchase price £100,000 Sterling

Many Thanks

cooper


Joined: 23/10/2007
Posts: 3386

Message Posted:
06/12/2010 20:59

Guide to all taxes payable here - http://www.nmplegal.com/pdf/GUIDE%20TO%20TAXES%20FOR%20PROPERTY%20TRANSACTIONS.pdf



You say you are finally ready to purchase a resale property but are still doing your research, therefore it doesn't sound to me that you are ready or am i missing something.

walkerscott


Joined: 13/08/2009
Posts: 901

Message Posted:
06/12/2010 22:08

see http://www.no-deeds-no-money.moonfruit.com

and click Purchasing

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
06/12/2010 22:20

Solicitors costs are about a grand.

rowlo



Joined: 12/10/2008
Posts: 4796

Message Posted:
06/12/2010 22:48

how come you never researched all the costs involved ?

apc2010


Joined: 28/07/2010
Posts: 1689

Message Posted:
06/12/2010 22:50

I have always wondered how people got duped out of their life savings ...........all is becoming clear.....

Tenakoutou



Joined: 27/07/2009
Posts: 4110

Message Posted:
07/12/2010 08:44

It's called 'impulse buying'!



Be warned - the moment you are addressed as 'my friend', Mr. Luaqhqt, it's time to do an 'about turn' - quick smart!



'Act in haste - repent at leisure!' immediately springs to mind

BrightonJim


Joined: 27/07/2010
Posts: 145

Message Posted:
07/12/2010 11:02

We have recently completed on a resale property.

Lawyers (Naomi Mehmet) charged a standard £1,000.

You probably will need Power(s) of Attorney about £25.

TRNC Wills, about £100 each.

The other costs are as per the "no deeds no money" post.

You really do need a competent and honest lawyer and it is generally accepted that Naomi Mehmet tick those boxes.

Ignore the doom and gloom comments but be very cautious.

Good luck

doggiesteve


Joined: 06/10/2010
Posts: 265

Message Posted:
07/12/2010 11:16

+ land owners taxers

+ builders loans and or debts + anything alsr the can coerce you into paying as you want your kochan .