North Cyprus Tourist Board - buying new apartment
North Cyprus
North Cyprus > North Cyprus Forum > buying new apartment

buying new apartment

North Cyprus Forums Homepage

Join Cyprus44 Board | Already a member? Login

Popular Posts - List of popular topics discussed on our board.

You must be a member and logged in, to post replies and new topics.



fatmansandy


Joined: 19/03/2009
Posts: 8

Message Posted:
24/08/2011 11:39

Join or Login to Reply
Message 1 of 4 in Discussion

what are the total cost for buying a new property ie; solicitors, taxes, vat etc what are the hidden charges.



vicky84


Joined: 16/01/2011
Posts: 140

Message Posted:
08/09/2011 17:39

Join or Login to Reply
Message 2 of 4 in Discussion

if you are buying new property it will be about 10%, if you buy re-sale you will safe about 5% on VAT.



ozankoys


Joined: 20/06/2008
Posts: 905

Message Posted:
08/09/2011 18:54

Join or Login to Reply
Message 3 of 4 in Discussion

Solicitor will charge approx £1200, Stamp Duty 0.5%, Purchase Tax 3%, Municipal Tax 1% on this 3%, VAT (if this has not already been paid) 5%, if you have to buy the electricity & water meters they will be approx £1600. Then you have to buy electrical goods, aircon and furniture!



nicola


Joined: 06/09/2011
Posts: 246

Message Posted:
08/09/2011 19:04

Join or Login to Reply
Message 4 of 4 in Discussion

Dont do it lol, rent.



North Cyprus Forums Homepage

Join Cyprus44 Forums | Already a member? Login

You must be a member and logged in, to post replies and new topics.