Buying Off Plan

Buying Off Plan

The island’s property market is experiencing a period of high demand and there isn’t sufficient housing stock to meet that demand. Many people are wary of buying off plan because of well publicised problems in other countries, such as Spain. However, it’s relatively trouble-free in Cyprus and there may be no alternative if you wish to buy a home in a popular a...
Buying a house step by step

Buying a house step by step

Cyprus land law and UK land law and the associated procedures aren’t the same. It’s wise to employ the services of a recommended local lawyer even before you find a property and always before paying any money. This way you can familiarise yourself with procedures and seek general advice to bear in mind while you’re house-hunting. Holding Deposit In many case...
An introduction to buying property in Cyprus

An introduction to buying property in Cyprus

The island has always been a popular location with British buyers, especially retirees, and almost 30,000 of them own homes there, a further 10,000 choosing to rent properties. However, estate agents are now seeing an increased demand from younger people with young families who want to work or start a business. Those who have lived in Cyprus for many years and been used to a s...
6 costly mistakes to avoid when buying a property in Cyprus

6 costly mistakes to avoid when buying a property in Cyprus

Curious of mistakes to avoid when buying a property in Cyprus? Download our free guide here.  Looking for a property in Cyprus?  Speak with our professionals :   CLICK HERE   Or check our list of properties:  CLICK HERE     ...
Mistakes to Avoid when Buying a Property in Cyprus - Part 1

Mistakes to Avoid when Buying a Property in Cyprus - Part 1

USING AN UNREGISTERED & UNLICENSED ESTATE AGENT Just a decade ago, Cyprus was inundated with unlicensed agents taking part in illegal and illicit property deals. These days, the government has introduced a range of legislation to ensure that home buyers, sellers, and renters are properly protected. This led to the demand for licensed estate agents – with the obligat...
Mistakes to Avoid when Buying a Property in Cyprus - Part 2

Mistakes to Avoid when Buying a Property in Cyprus - Part 2

USING AN UNKNOWLEDGEABLE AGENT Not all estate agents are made equal. Even though all licensed agents have a basic understanding of the law, not everyone is up to date with current or new legislation coming into force or really understand the dynamics of the market. Thus, do not be afraid to challenge them about the overall conditions of the market; including what new legislati...
Mistakes to Avoid when Buying a Property in Cyprus - Part 3

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 iss...
MISTAKES TO AVOID WHEN BUYING A PROPERTY IN CYPRUS - PART 4

MISTAKES TO AVOID WHEN BUYING A PROPERTY IN CYPRUS - PART 4

Mitaske 4 - USING AN AGENT WITHOUT CONNECTIONS The way the Cyprus property market works is completely different to other countries (e.g. UK, Germany, Russia). The majority of listings are multi-agency based which means that a well-connected and knowledgeable agent will have access to pretty much all the listings currently available in the market. Well-connected agents might ...
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