articles about Buying Property in Cyprus

Housing loans for buying property in Cyprus

Housing loans for buying property in Cyprus Provided by Bank of Cyprus - Your housing loan (for your first house) Acquire a home of your own that you can pay for at your own pace. Our housing loans allow you to make your dreams come true, whether they relate to:  building your own home  purchasing an existing house or apartment. Your options The options and the product features presented below apply to permanent residents of Cyprus only. If you have not been permanently resident in Cyprus for the last 5 years but are interested in housing loans, please call in at any... Read More

Steps in Buying Property in Cyprus

Buying a property in Cyprus Purchase Procedure – Some valuable information for prospective buyers Finding the right property Our property consultants can assist you finding the right property according to your requirements.  We will search the market and email you details with our property proposals, based on your criteria and allocated budget.  We will then arrange appointments to view the properties of your choice without any pressure and help you make a short-list of the best properties available. Negotiating the sale of the property Next, we will assist in negotiating... Read More

Cyprus Legal System

INTRODUCTION The favourable location of Cyprus at the crossroads of Europe, Asia, the Middle East and Africa together with the fact that Cyprus was a full member of the E.U. as from May 1st , 2004, its safe and protective legal system, the excellent infrastructure the high standard of legal, banking and accounting services provided, the continuing development of the island, the extensive use of English language, the excellent climate and the hospitality and friendliness of the locals, are some of the reasons that established Cyprus as an ideal centre for both business and pleasure and thus at... Read More

Property Purchase Procedure and Requirements

Cypriots & E.U. citizens living in Cyprus Under Cyprus Law, Cypriots or persons of Cypriot origin as well as E.U. citizens who have their permanent residence in Cyprus are allowed to acquire any property without any restrictions.The residential status is ascertained by the District Offices and is obtained when a person resides in Cyprus for a total period of 185 days per year or more.Foreigners & other Non-E.U. citizensForeigners and E.U. citizens who are not permanent residents of Cyprus, wishing to purchase immovable property in Cyprus are obliged to adhere to special formalities an... Read More

Mortgages in Cyprus

Mortgages are widely available in Cyprus. However, you may require some help from our experts with the process of applying for your mortgage. We will gladly give independent advice and assistance with your mortgage application from a Cypriot bank or a Co-operative Bank (COOP). Main Characteristics of Mortgages in CyprusMortgages in Cyprus are authorized by most commercial banks, they are able to offer mortgage facilities to locals as well as foreign nationals. Loans are based on the purchaser providing a minimum deposit of 30%.Repayment mortgages can be acquired in any foreign currency, eg. U... Read More

Cyprus Land Registry Fees & Charges

Cyprus Land Registry Fees & Charges The Department of Lands and Surveys in Cyprus within the context of its constant efforts for improvement and upgrading of the services provided to the public has prepared this updated publication, which contains the most important services provided, taking into account the most recent Laws/Regulations, as well as the latest alterations to the respective procedures. ... Read More