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This is an exciting new development at Pyla. If you want to escape the fast pace of life but still be minutes away from Larnaca then you can't go past this new estate. It is a prestigious and beautiful new area, very tranquil and peaceful offering sea views as well as mountain views. |
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Cyprus Houses & Villas Development Your Cyprus Property Contact us Villas & Houses in Cyprus Cyprus Property legal issues
About Cyprus |
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Many laws in Cyprus regulate matters affecting immovable property and transactions related thereto either directly or indirectly. Such legislation may be divided into two categories, namely General Legislation and Specific Legislation.
General LegislationComprises those laws which, although not regulating matters of immovable property directly, do contain provisions applicable to rights in immovable property and to transactions related thereto. The main laws in this category are as follows: (a) The Constitution of Cyprus (b) The Contract Law, Cap. 149 (c) The Civil Procedure Law, Cap. 6 and Rules (d) The Stamp Law, Cap. 228 (e) The Wills and Succession Law, Cap. 195 (f) The Administration of Estates Law, Cap. 189 (g) The Probates (Re-Sealing) Law, Cap. 192 (h) The Estate Duty Law, Cap. 319 (I) The Trustees Law, Cap. 193 (j) The Exchange Control Restriction Law, Cap. 199 (k) The Central Bank of Cyprus Law, No. 48/63 Specific LegislationIncludes all the laws and regulations referring particularly to immovable property and are as follows: (a) The Immovable Property (Tenure, Registration and Valuation) Law, Cap. 224 (b) The Sale of Land (Specific Performance) Law, Cap. 232 (c ) The Acquisition of Immovable Property (Aliens) Law, Cap. 109 (d) The Immovable Property Transfer and Mortgage Law, No. 9/65 (e) The Immovable Property Tax Law, Cap. 322 (f) The Immovable Property (Towns) Tax Law, No. 89/62 (g) The Capital Gains Tax Law, No. 52/80 (h) The Rent Control Law, No. 23/83 Double Tax TreatiesCyprus has entered into 26 Double Tax Treaties, certain provisions of which affect directly or indirectly the possession, ownership and disposition of immovable property especially in matters of taxation. 
For more information please contact Kikis Georgriou at Gol Gon St ,Destalo crt Shop 13 ,6017,Larnaca Cyprus P.O.Box 40683 tel (00357) 99262520 mobile: (00357) 99 65 90 70 fax: (00357) 24103329 kikis@buywisecyprus.com Copyright © 2003 MICROSAT IT |
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