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Property Purchase Costs

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luaqhgt


Joined: 17/03/2010
Posts: 159

Message Posted:
06/12/2010 20:54

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Message 1 of 9 in Discussion

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

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Message 2 of 9 in Discussion

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

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Message 3 of 9 in Discussion



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

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Message 4 of 9 in Discussion

Solicitors costs are about a grand.



rowlo



Joined: 12/10/2008
Posts: 4796

Message Posted:
06/12/2010 22:48

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Message 5 of 9 in Discussion

how come you never researched all the costs involved ?



apc2010


Joined: 28/07/2010
Posts: 1689

Message Posted:
06/12/2010 22:50

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Message 6 of 9 in Discussion

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

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Message 7 of 9 in Discussion

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

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Message 8 of 9 in Discussion

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

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Message 9 of 9 in Discussion

+ land owners taxers

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



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