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Newsletter

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 9 April 2021 One million euro for the regeneration of the Ormidia port

    An important development for the community of Ormedia and the free Famagusta,... read more

  • 31 March 2021 Changes for Cyprus Fast Track Residence Permit

    Changes for Cyprus Fast Track Residence Permit read more

  • 23 February 2021 Σχέδιο επιχορήγησης επιτοκίου για νέα ζευγάρια παρατείνεται ως τέλος του χρόνου

    Σχέδιο επιχορήγησης επιτοκίου για νέα... read more

  • 1 December 2020 Investment of 90 million euros in Pyla

    Investment of €90 million in Pyla read more

  • 25 November 2020 Newzoe Developers Ltd have issued title deeds for their Irini Gardens houses

    Newzoe Developers Ltd have issued title deeds for their Irini Gardens houses read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 9 April 2021 One million euro for the regeneration of the Ormidia port

    An important development for the community of Ormedia and the free Famagusta,... read more

  • 31 March 2021 Changes for Cyprus Fast Track Residence Permit

    Changes for Cyprus Fast Track Residence Permit read more

  • 23 February 2021 Σχέδιο επιχορήγησης επιτοκίου για νέα ζευγάρια παρατείνεται ως τέλος του χρόνου

    Σχέδιο επιχορήγησης επιτοκίου για νέα... read more

  • 1 December 2020 Investment of 90 million euros in Pyla

    Investment of €90 million in Pyla read more

  • 25 November 2020 Newzoe Developers Ltd have issued title deeds for their Irini Gardens houses

    Newzoe Developers Ltd have issued title deeds for their Irini Gardens houses read more

Fees for the deposit of a sales contract in the Land registry office

Deposit of the sales contract is needed in order for the purchaser to exercise the right of Specific performance against the seller and benefit from the property tax exemptions. The purchaser has the right to deposit the sales contract within 6 months after signing of the contract of sale is may be the most important for the protection of his legal rights on the specific property.

 The sales contract must be stamped within 30 days after signing. After this period a small penalty is imposed. The contract stamp fees are 1.5‰ for values up to €170.860 and 2.0‰ for values more.