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www.delphiarthotel.com


 


Buying Property in Cyprus

Compared to many countries, the logistics of property purchase in Cyprus by foreigners are relatively simple.

Non-Cypriots are permitted to buy, for their personal use, either:
a) an apartment or a house or,
b) a house on a building site not exceeding 3 donums (4,012.5 sq. metres) or
c) a piece of land not exceeding 3 donums for the purpose of erecting a house within a reasonable time.

 


ACQUIRING THE TITLE DEED
Transfer of ownership from vendor to purchaser is accomplished by a simple procedure through the Cyprus Land Registry Office, either by the buyer in person or by appointed third party with a Power of Attorney.

In the case of a non-Cypriot, evidence of payment for the property with foreign exchange must be provided as a prerequisite for registration.

The contract of sale must be in writing, and it is advisable that such contracts be registered at the District Land Registry Office within sixty days from the contract date. This protects the buyer's rights to the property and provides additional safeguards.

When issued, the title deed will be register in the name of the buyer, and will be recorded in the Government archives. The Government archives are confidential and will not be published or made accessible under any circumstances.

At any time after the purchase, the buyer may sell or dispose of the property at will, provided that he/she has a valid contract.

Court 22

This project is three stories high raised on columns to provide space for covered parking and consists of 8 two bedroom apartments and 1 four bedroom penthouse with private swimming pool on the verandah. It is located in t

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Court 15
This complex consists of 26 one, two and three bedroom apartments. There are also 3 bedroom penthouses available.
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Court 23
This project is three stories high, raised on columns, to provide space for covered parking and consists of 8 one bedroom apartments, 2 two bedroom apartments, a 2 bedroom penthouse and a 3 bedroom penthouse with private swimming
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Court 16
This complex consists of 16 one, two and three bedroom apartments. There are also 3 bedroom penthouses available.
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