Nigepa Developers real estate information
Cyprus has flexible property buying procedures. Non-Cypriots are entitled to FREEHOLD ownership of a villa, apartment, or a piece of land of up to 4,000 sq.m.
Buying properties in Cyprus
Buying properties in Cyprus is one of the most demanding and fast growing markets in Europe. Buying a property in Cyprus became specially popular since May 2004 Cyprus has joined the European Union, which has affected the Cyprus sale property market.
Why Cyprus
Banks in Cyprus have very modern, up to date systems and provide a wide variety of services, including Internet banking that can be accessed from the UK. Opening accounts is a simple process.
Cyprus banks
Cyprus law obliges you to take out fire and earthquake insurance on your property, even if it is an apartment within a large block.
Home insurance in Cyprus
You may sell your property at any time after the Contract to purchase has been signed.
Selling Cyprus property
Living expenses in Cyprus. Costs will vary widely depending on the amount of equipment in use and the time of year.
Living expenses in Cyprus
Personal taxation in Cyprus. Double taxation agreements exist between Cyprus and most European countries.
Personal taxation in Cyprus
Price and payment terms. Once you have agreed a purchase price with the developer , it is usual to give an immediate initial deposit of CYP 2,000 to secure the property.
Price and payment terms
Alien retirees are taxed at a flat 5% per annum on pension and investment income brought into Cyprus, with exemptions totalling CYP £4,000 per person.
Alien retirees
Things of interest
Contacts
Nigepa Ltd Developers
Mobile: +357 99 321764
Office: +357 26 949088
Fax: +357 26 910688
3, Kinyra, Gloria House
3rd Floor, Office 302
8011 Paphos
P.O. Box 62447
8103 Paphos - Cyprus
Email: info@nigepa.com
Recent news and events

19-07-2007
Nigepa Ltd Developers are happy to announce launch of a re-designed website. More powerful, with advanced search among properties, land and rentals listings, property wizard etc.

