Practical Advice – Buying Property In Cyprus
If you have dreamed of owning a home in Cyprus then this article will provide you with all the practical advice you need to make this dream a reality. Cyprus has one of the best climates with over 300 days of sunshine per year and very little rain. If you’re from the UK Cyprus will definitely feel like a home from home as cars drive on the left, road signage and traffic lights are the same, and the electricity sockets use the 3 pin plug.
Buying a property in Cyprus is easy and the properties here are much cheaper than in the UK. The best way to buy property in Cyprus is off the plans. If you buy of the plans you buy for a set price and it is usual for the price of the property you have chosen to rise in value whilst it is being built. Buying off the plans means the property you choose will be worth more once it is completed and you will end up paying less.
You may not wish to live in Cyprus and you may be considering purchasing a property as an investment. By doing this you can benefit by renting out your property during the summer months.
If you are serious about buying property in Cyprus there are a number of things you will need to be aware of and a good decision would be to hire a solicitor who knows about property in Cyprus.
When you are choosing a property it is very important to also look at the location of the property. You need to ensure that your property is located in a desirable location with all amenities at reach. A good real estate agent will be able to help you identify the best properties in the area in which you wish to buy and advise you on the best developers to buy from.
Once you have found your dream home it will be necessary to go through some purchasing formalities. You solicitor will be able to deal with this for you but it is in your best interest to ensure that all documents are available.
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