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Property in Cyprus from the developer It has been divided politically for decades, since a violent division of the island in 1974 that noticed 200,000 Greek Cypriots leave their properties within the north. Get month-to-month knowledgeable evaluation on world property markets and unique, early access to investment opportunities delivered right to your inbox. Stamp responsibility rates are levied at progressive rates, relying on the acquisition worth of the property. Buyers of new real property are liable to pay Value Added Tax (VAT), which is levied on the acquisition value or market value of the property.

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