mymovecyprus-blog

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Visit us on: www.mymovecyprus.com

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3 Bedroom Apartment in Anarita -  130,000 Euros

This secluded complex is set in the heart of the Cypriot countryside in the traditional village of Anarita. Positioned close to the village center and only a short drive to both Paphos and Limassol town. This project has fantastic amenities including 2 swimming pools, set amidst beautifully landscaped grounds and a gym.

The Apartment is situated in a supreme location within the complex featuring a generous outdoor veranda, offering excellent views of the mountains of Anarita. The property features an open plan living and dining area with the lounge area opening out to large semi-covered veranda. A good sized kitchen is separated by a breakfast bar/window through the living area. The property continues with 3 double bedrooms/fitted wardrobes. The master bedroom offers en-suit facilities and a large covered balcony which can be accessed by both, master bedroom and the second double bedroom. A family bathroom concludes the property which comes fully furnished. Property has Title deeds.

For more information please contact us on +357 26848825 or email us at info@mymovecyprus.com

All properties can be found on our website www.mymovecyprus.com

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2 Bedroom Apartment in Kato Paphos - €99,500

This inviting city apartment, is situated in a central area of  Paphos town,  only minutes away from all amenities,  such as (restaurants, coffee shops, banks, shops, supermarket, bus stops, and many more. The property features a generous in size open plan dining and living room area and a separated fully equipped kitchen. Patios of the lounge area and the kitchen door, opens out to a large covered balcony offering views of the town. Down the hall, are two spacious bedrooms with fitted wardrobes and a family bathroom. This apartment also enjoys the facilities of a communal pool, beautifully landscaped gardens areas, and is also gated, giving access only to its residents. The apartment comes fully furnished and it’s kept in an excellent condition. Property has title deeds.

For more information please contact us on +357 26848825 or email us at info@mymovecyprus.com

Visit us on: www.mymovecyprus.com

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How much is your property worth?

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For more information:

T: +357 26848825 M: +357 99209351 E: info@mymovecyprus.com W: www.mymovecyprus.com

[mymovecyprus-blog]

For more information:

T: +357 26848825 M: +357 99209351 E: info@mymovecyprus.com W: www.mymovecyprus.com

[mymovecyprus-blog]

mymovecyprus offers an extensive portfolio of quality properties in the Paphos, Polis and Limassol districts, suiting all tastes and budgets.

New and Re-sales properties available.

There are many advantages to buying a Re-sale property, not only do they offer the best value for money and the opportunity to see before you buy, but also have the added benefit of immediate usage. Many resale properties also come with full title deeds, offering you complete peace of mind!

For more information regarding our properties please visit our website: www.mymovecyprus.com

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Paphos is one of four sunshine destinations to make it into the Top 10.

Take the path to Paphos this year for the cheapest city break prices in Europe. 

Study has found that Paphos, on the south-west coast of the Mediterranean island, is the cheapest out of 36 European cities according to the Post Office Travel Money report.

This year's European Capital of Culture topped a barometer that researched and compared typical city break costs.

The research took into account a dozen typical city break costs including accommodation for two nights, transport between the airport and the city centre, an evening meal for two and entrance fees for top attractions.

This totalled just £138 in Paphos, which was followed by Vilnius, Lithuania (£139); Riga, Latvia (£150) and Warsaw, Poland (£154).

Andrew Brown, of Post Office Travel Money, said: 'This is the first time since we started surveying tourist costs in European cities eight years ago that we have seen so many Western capitals provide the low prices usually associated with Prague, Budapest and other eastern European cities.”

He added: 'This year the sunshine cities that have made it into our top 10 look great value, with the promise of a sunny climate as well as low prices.'

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Cyprus property taxes in 2017

There have been a number of changes to various property taxes in Cyprus in recent times and a summary of the impact of those changes for individuals with property on the island are summarized below.

RECENT changes to property taxes in Cyprus will benefit both those who have purchased property and those planning to purchase. Here is a summary of the taxes that apply as we enter 2017.

Immovable Property Tax payable to the Tax Department

Immovable Property Tax (IPT) was reduced in 2016 to approximately a quarter of that in the previous year and is abolished in 2017. Property Tax payable to Communities and Municipalities This ‘local’ property tax has not been abolished and those with property on the island will continue to pay this ‘local’ tax, which is calculated on the Land Registry’s assessment of the 1980 value of the property. Property Transfer Fees The temporary reductions in Property Transfer Fees that that came into force in 2015 and applied to transfers that took place by 31 December 2016 was made permanent in July 2016.

If VAT was paid on the purchase price of the property, no Property Transfer Fees are payable.

If VAT was not paid on the purchase price of the property, the Property Transfer Fees are reduced by 50%.

However if the Director of the Land Registry considers that the price stated on the contract of sale does not reflect the market value of the property at its date of purchase he may, at his discretion, charge the full Property Transfer Fees based on the Land Registry’s assessment of the market value of the property at its date of sale less the price stated on the contract of sale. (The Department of Lands and Surveys has an on-line Transfer Fees Calculator​​​​​​​​​​​​​​​​​​​​) Capital Gains Tax The Capital Gains Tax concession introduced in mid-2015 that exempted those who purchased property after it came into force and 31 December 2016 from paying Capital Gains Tax regardless of when the property was sold has not been extended. As a consequence those who buy property in 2017 will be liable for Capital Gains Tax when they sell the property. Stamp Duty Stamp duty is calculated on the value of the purchase agreement and remains unchanged at the rate of: €0 to €5,000 – zero €5,001 to €170,000 – 0.15% Greater than €170,000 – 0.2%* * Capped at a maximum of €20,000. See more information regarding the purchasing process on our website.

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Cypriot passport ranks 13th on global power scale

The Cypriot passport ranks among the strongest in the world, as holders are able to travel to 146 countries without a visa.According to the updated Passport Index, Cyprus gets a Passport Power Rank of 13, and an Individual Power Rank of 36 globally.Its Global Mobility Score (for visa-free travel) of 146 ranks it above such countries as Lichtenstein, Monaco and Brazil.The German passport scores the highest, as its holders can visit 158 countries visa-free. Sweden, Finland and France ranked 2nd, 3rd and 4th, respectively.The United Kingdom has a Global Mobility Score of 156, the United States 155, and the Russian Federation 104.Greece has a Passport Power Rank of 7, with a Global Mobility Score of 152.

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