How to find property for sale in Cyprus

Are you considering moving abroad? Do you want to buy that dream holiday home or are you simply looking for a work project or an investment opportunity? İf Cyprus is on your list, then read no further than this article. This article will provide a brief guide on real estate in Cyprus.

Property in Cyprus

Cyprus homes Whether you want to buy, rent or invest in property in Cyprus, you need to be aware of the buying procedure as well as the terms and the legalities. Cyprus property is filled with a lot of variety. The climate is always at its best, the beaches are endless and the scenery is spectacular.

Buying property

Your buying guide There are many buying guides on the internet to help you to understand the buying process of properties in Cyprus. Be it villas in Paphos or a nice Cyprus apartment, they have it all. When going through the process, the transfer of ownership is effected by a simple process of registration with the District Lands' Office, after gaining the purchase permit from the government. • To get the purchase permit, you need to apply to the government through a solicitor or a notary public. It takes 4 to 12 months to get the permission. • The purchase permit application will cost you around £750 (cost of a good and fast notary public) or around £1,500 (cost of a good solicitor). After gaining the purchase permit in order to transfer the ownership, the prescribed application form should be completed for submission in person to the District Lands' Office together with the registration certificate of the property, a copy of the Council of Ministers' permission to acquire the said property and the evidence of payment of all the property taxes to date (these taxes may include sundry town taxes, sewage tax and road construction tax). Conclusion Always do your research and seek professional advise from a property solicitor as well as a real estate agency who can advise you and take you through the necessary steps to buying that all-important property in Cyprus. Always ensure to check the credentials of the company that you chose to deal with as this will ensure that the transfer of deeds is safe and legal.