Buying a property in Cyprus is a very simple procedure and secure process.
The following procedure should be followed:
- Select the property you want to buy
- Pay a reservation fee for the property till the contract of sale is signed
- Appoint a lawyer in order to get an independent legal advice. Manglis Group can refer you to a number of reputable lawyers in Cyprus
- Sign contract of sale
- Stamp duty (one-off)
- Deposit contract of sale to the Land Registry Department
- Transfer of title at the Land Registry Department
