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Last Update:
22-03-2018 19:34

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Nikada Developers

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Cia Sadreddini
8 Okeanias Dekelia Road
Address 2
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Nikada Developers has been involved in the property market in Cyprus, Spain and in the UK for the past 25 years. Now that Cyprus is a full member of the European Union the ability to move, settle and even open up business here has become much easier.

The rules regarding investment including property has changed with ownership of more than one property available to would be investors. The majority of property available is "Freehold". The introduction of VAT on property in May of 2004 means that some developments/projects are subject to VAT, whilst some are not.

This can represent a significant saving on your purchase. Why pay more than you need to? In January 2008 the Island will convert from the Cyprus Pound to the Euro. It is expected that in the run up to this period prices will firm considerably.

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