Cyprus Cost Example
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