Cyprus Cost Example

Post on 20-Nov-2015

8 views 6 download

Transcript of Cyprus Cost Example

  • Client:

    Property:

    300,508

    Purchase (including VAT if any) 300,000.00

    Legal Fees

    Stamp Duty to the Land Registry 507.50

    11,276

    Setup costs to Pafilia Services 513.00

    Furniture (inc. appliances, TV a& satellite) 10,000.00

    Deposit for communal fees to Services 513.00

    Water connection (approximately) 100.00

    Electricity connection (approximately) 50.00

    Telephone connection (approximately) 100.00

    3,570

    Communal Expenses (varies by dev.) 1,200.00

    Refuse Fees (approximately) 150

    Sewage Tax (approximately) 200

    Electricity (approx. based on full occupancy) 800

    Water (approx. based on full occupancy) 250

    Property Insurance (subject to contract) 420

    Immovable Property Tax 550

    5,791.40

    Title Deeds payable to the Land Registry 5,791.40

    Prepared by Date 27 February 2014

    & Associated Costs

    Example

    300,000 with 5% vat & 2 owners

    Scott

    Disclaimer: The above estimated costs are based on current rates, which can change without prior notice.

    Some costs such as water, sewage and refuse fees depend on the municipality. The above costs do not constitute any kind of legal arrangement,

    contract or binding quotation and in no way binds Pafilia Property Developers Ltd or its Agents.

    Payble before delivery

    Payable on delivery

    Running costs per year

    Payable when Deeds are ready