All Posts in Tag: Charges

Decreased VAT charges for homes in Cyprus

On Thursday 29th July the plenary session of the Cyprus Parliament passed a legislation making it possible for for a 5% reduction in the VAT fee on the first 130 square metres of residences in Cyprus. Did a person say minimized VAT? The houses this regulation applies to contain the two houses and flats. To…

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Design components charges up 19%

The expense of development materials in Cyprus proceeds to increase at an alarming charge, with the annual transform in the cost index soaring 19.08% in accordance to the Cyprus Statistical Services (CYSTAT). Compared to the initial quarter of 2021, the index rose 17.68% throughout the to start with quarter of 2022 with sizeable rate will…

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Home charges drop, apartment values rise

A slowdown in the residential Cyprus house rate indices has been recorded in the next quarter of 2021 thanks to a compact minimize in home charges and an raise in apartment values. In accordance to the Residential Home Rate Index (RPPI) report for Q2 posted by the Cyprus Central Financial institution, a quarterly enhance of…

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