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Cyprus is the perfect place to purchase property and invest with its stunning countryside and beautiful beaches.
When considering buying a property in Cyprus it is advisable to learn the basics of property for sale in Cyprus. First of all you have to be certain you are eligible to purchase a property in Cyprus. If you are not a resident of Cyprus you should apply for the relevant permission of the Council of Ministers. If you are a European national who is not a Cyprus resident, you can buy as much land as you want but only one home or apartment. If you are not a European National then you can purchase approximately one acre of land and one house or apartment.
It is strongly recommended that you should find a Cypriot solicitor as local representation is necessary to go through all the paperwork and permits. The purchaser has to submit the details of the property they wish to purchase and also the information about the present owner of the property for sale and the contract information. A solicitor will do this on your behalf.
The purchaser is also required to reveal all of their personal identification including passport, current place of residence and their source of income. Buying a property in Cyprus is exciting but can take up to six months partially due to legal process and partially due to the pace of life in Cyprus. But the legal process is only ‘red tape’ and the purchaser can in fact move into the property while waiting for the paperwork to go through.
There are a wide range of holiday homes and apartment for sale in Cyprus. Whether it is a village house you are looking for or a luxury apartment on the coast, they are cost effective compared to that of other European countries. Properties in Cyprus have all the amenities you would expect and the homes for sale are full of character with features such as swimming pools, central heating and views of the countryside or coast.
A warm climate, year round sunshine and friendly, English speaking locals make Cyprus a very desirable location. |