What do I need to know when buying property in Cyprus?
When we asked expats what advice they would give a foreigner before buying a property in Cyprus, they said...
"1. It is important to research the area you are looking to buy in, as well as the local market, to ensure you are making a sound investment. 2. You should also be aware of the legal requirements for purchasing property in Cyprus, such as obtaining a permit from the Council of Ministers. 3. It is also important to be aware of the tax implications of buying property in Cyprus, such as the transfer fees and stamp duty. 4. You should also consider the cost of living in the area you are looking to buy in, as well as any additional costs associated with owning a property in Cyprus. 5. It is also important to be aware of the different types of property available in Cyprus, such as apartments, villas, and land. 6. Finally, it is important to seek professional advice from a lawyer or real estate agent to ensure you are making the right decision when buying property in Cyprus," wrote a member who made the move to Cyprus.
Get Quote
Relocating abroad soon? Make your move with AGS! AGS Worldwide Movers is a leader in the international moving industry. Our experience and expertise allows us to guarantee our clients the best quality moving services.
Relocating abroad soon? Make your move with AGS! AGS Worldwide Movers is a leader in the international moving industry. Our experience and expertise allows us to guarantee our clients the best quality moving services.
Get Quote
Other Questions:
- What do I need to know before retiring in Cyprus?
- How do I meet people in Cyprus?
- What is life like in Cyprus?
- Is there a lot of crime in Cyprus?
- Is there a lot of diversity? Are people in Cyprus accepting of differences?
- What are the schools in Cyprus like?
- Is the cost of living in Cyprus high?
- What advice do you have for expats having a baby in Cyprus?
- What are healthcare services like in Cyprus?
- Is the cost of living in Cyprus high?
- What type of recreational facilities are in Cyprus?
- What is the weather like in Cyprus?
- Are there good restaurants in Cyprus?
- Where will I buy groceries and do other shopping in Cyprus?
- What are the visa & residency requirements in Cyprus?
- Are healthcare and health insurance expensive in Cyprus?
- What do I need to know when buying property in Cyprus?
- Are foreigners allowed to own property in Cyprus?
- What appliances are typically included in a rental?
What do I need to know when buying property in Cyprus?
If you live in Cyprus, newcomers to Cyprus would love to hear your answer to this question: