James' Blog about Property

Discussion, advice and philosophical points about all things property whether UK or International markets

Posts Tagged ‘Cyprus’

Worlds best places to retire?

Posted by jamesdearsley on July 19, 2010

A recent article in the Sunday Times (Money Section, 18th July) reviewed the top five places to retire and fortunately three of the top five are countries that we deal with. They analysed the countries based on nine key indicators (a mark out of 10 was given to each):

  1. Income Tax
  2. Inheritance Tax
  3. Property Tax
  4. Property Costs
  5. Living Costs
  6. Ease of gaining residencey
  7. Healthcare
  8. Climate
  9. Culture

Let me just cover the three that we deal with quickly. Read the rest of this entry »

Posted in Belize, Cyprus, Italian Propety, Italy, Overseas Property, Real Estate Industry | Tagged: , , , , , , , | 2 Comments »

Bank Guarantees and the responsibility of the developer in the world of Overseas Property – Part Two, Cyprus

Posted by jamesdearsley on December 16, 2009

I have had a lot of positive response regarding the last blog I wrote about Bank Guarantees in Spain. It is a really contentious issue and one that is not often discussed. I felt the really interesting bit of information was that in the past it was in the interest of the client not to have a bank guarantee in the past – I thought this was a slight contradiction until I realised that the guarantee was on the money submitted and not on the paper value of the house – the developer was quite happy to hand back the money if the property was delayed as they could still sell the properties easily and this time get far more money for them! The markets have changed however and prices are not rising as quickly as before but the need for security has increased rapidly. Now it is Cyprus’ turn to be reviewed and this is a quite different market to that of Spain……. Read the rest of this entry »

Posted in Cyprus, Overseas Property | Tagged: , , | 1 Comment »