Mistakes to Avoid when Buying a Property in Cyprus - Part 3
VIEWING PROPERTIES WITHOUT TITLE DEEDS
Even though this might be a bit of a shock, not all properties in Cyprus have Title Deeds.
The Title Deed issue is well documented in Cyprus. The reality is that once you buy a new build it might need some time (usually 3-4 years) to get the official title deed if everything was done under Planning Department guidelines. If there are issues with the property it might take over 10 years and many changes that you will need to do to be able to get the Title Deed in your name.
Hence, it is always in your best interest to look for properties with Title Deeds. This way you will have peace of mind.
Below is an official Title Deed from Land Registry.
What is a title deed?
It is the official certification from the Land Registry of the Republic of Cyprus that you are the legal owner of the property