Lease artwork "Utopia" by Nearchos Ioannou with an option to purchase
Paintings by Nearchos Ioannou are available for lease with purchase option
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Frequently Asked Questions
What are the advantages of leasing works of art?
- Financial Flexibility: You can enjoy exceptional, high-value works of art without a large initial investment.
- Tax Benefits: Receive potential tax benefits as rents can be deducted as a business expense.
How are the prices of monthly payments for leasing works of art set?
- The costs depend on the value of the work, the duration of the leasing contract, and any services included such as installation.
Can we buy the work after the leasing period?
- Yes, on ArtMajeur leasing contracts offer a purchase option at the end of the contract, allowing customers to acquire the work at a determined price (residual value).
How are the safety and insurance of works managed?
- Insurance during the duration of the rental contract is the responsibility of the customer. It is therefore important to check the details of your insurance contract to be sure that your leased works are covered in the event of damage.
What are the conditions for terminating the leasing contract before its end?
- Unless there are specific conditions, leasing contracts for works of art commit the client to payment of the entire price of the work; payments are therefore due until the end of the lease.
About the author
Dr. NearchosIoannou was born in Limassol / Cyprus in 1958. He studied Political Economy in Germany (West Berlin) and has a PhD in Economics. He was a lecturer for Economics at the University in Berlin and Limassol and worked for many years in Frankfurt and Nicosia in the Banking Sector in different positions. 2007 he became the CEO of the Limassol Cooperative Savings Bank. He wrote many books, 17 plays for theater, which were executed in Cyprus, Greece and the UK and more than 100 scenarios for different TV series.He was for many decades member of a rock band playing guitar. He started painting very recently after he had some lessons by Nina Sumarac, a well-known Serbian artist leaving in Cyprus. He hat 4 individual exhibitions and has participated in many group exhibitions. His work is unique, daring and reflects his intellectual curiosity.
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Nationality:
CYPRUS
- Date of birth : 1958
- Artistic domains: Represented by a Gallery,
- Groups: Contemporary Cypriot Artists Artists presented by a gallery
