Procedure to buy Property

Buying a property in Cyprus is a very simple procedure and secure process.  The following procedure should be followed:

  1. Select the property you want to buy
  2. Pay a reservation fee for the property till the contract of sale is signed
  3. Appoint a lawyer in order to get an independent legal advice. Manglis Group can refer you to a number of reputable lawyers in Cyprus
  4. Sign contract of sale
  5. Stamp duty (one-off)
  6. Deposit contract of sale to the Land Registry Department
  7. Transfer of title at the Land Registry Department