Unfortunately, our children will also have to pay for those who brought the country down by their lies and deceit. But rather than glorify them as eternal heroes, they will refer to them as vermin.
Even though Hasikos claimed that Immovable Property Tax bills would be reduced, the new 2013 valuations will be seen as yet higher indirect taxation in 2015 for 'high density build' concrete palaces.
When you consider that a single person who owns a property pays 50 per cent more Immovable Property Tax than a couple or twice as much as four joint owners of an identical property, doesn't it seem unfair?
For years, our administration and banks have cleverly created a captive audience, holding householders to ransom by refusing to issue title deeds. Oh yes, there is method in this title deed madness!
The tardy, dishonest and purposefully complex manner in which Cyprus chooses to sell property will rebound explosively on those involved in the supply chain; the town planning amnesty will bring no peace.
THE PHRASES 'toxic debt' and 'quantitative easing' are now fashionable. What do they mean? The former means quarantining irredeemable bank debt to give banks...
Due Diligence
Due diligence is absolutely essential before committing to buy a property.
