| . . . Electricity, Water Supply & Other Municipal Services . . . |

Charges for utilities are payable to the respective authorities at regular intervals throughout the year. They are based strictly on consumption of each unit. While the cost will vary for every unit, approximately CY£180 per unit per year can be considered as a rough guide.

| . . . Capital Gains Tax . . . |

For foreign owned property that is sold; generous exemptions from Capital Gains Tax exist. This tax is for garbage collection, street lighting, sewerage, etc...