Category: Hot Property Tips - Cyprus

Cyprus Property Information - Index

Here is an Index of the wide range of Cyprus Property Information that is available on this site http://downtoearthcyprus.net

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• Regulated Professions in Cyprus
• Private Water supplies
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• Timeline: Cyprus
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• Cyprus - Residence Permit - EU
• Cyprus - A Guide to Customs Procedures
• Annual Defence Contribution Declaration
• Contract Flipping - Much More

A DREAM HOME ON.. CYPRUS

CYPRUS HAS ALWAYS BEEN POPULAR WITH BRITS BUYING ABROAD… SO MUCH SO THAT SOME ARE NOW SNAPPING UP MORE THAN ONE PROPERTY. IF YOU’VE GOT AN EYE ON A HOLIDAY OR RETIREMENT HOME ON THE COPPER ISLAND, TRAVEL EDITOR GILL WILLIAMS GIVES HER EXPERT ADVICE ON HOW TO GO ABOUT IT…
 
15/04/2007  Sunday Mirror - Homes and Holidays

ENCOURAGED by the spectacular rise in the value of holiday homes in southern Cyprus – prices have gone up by as much as 80 per cent in the last five years – buyers are returning for the second or even third time.

This advice has been provided by a Cyprus Lawyer together with further research that we have undertaken.

It suggests that advice that waiting for permission from the Council of Ministers releases you from the immediate obligation to take up the Title Deeds is NOT effective.

The full opinion from the resident Cyprus lawyer on CyprusLiving is in the document below.

Issue of Title Deeds and the Specific Performance Law in Cyprus

So when and how do your Title Deeds become available and when they do is there any time limit to obtain the Title Deeds.  What is the position if I do not do so?

No, I don’t think so. 

But I am still giving away FREE all the information you need to successfully complete a home purchase in Cyprus.

But you will need to be able to spend some time reading and understanding the information so that you are able to negotiate successfully with the developer you have chosen to build your new home.  Remember that the commercial terms are between you and the developer and your lawyer, independent or not, is not responsible for for what you agree to pay, for what and by when.