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29th March 2024
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Pitfalls to avoid when buying property in Cyprus

To help prospective buyers avoid making costly mistakes, Charles Savva outlines the top 10 pitfalls to avoid when buying property in Cyprus and how to ensure that property purchases move forward smoothly and efficiently.

Bank contracts for buying property

The Cyprus Parliament voted unanimously on Friday to adopt EU legislation on bank contracts for the purchase of property, which will provide consumers with a higher level of protection.

Slump in Brits buying homes in Europe

Britons buying homes abroad have fallen by a quarter compared to a year ago since the EU referendum said Moneycorp's chief executive Mark Horgan in an interview with Reuters news agency.

Russians warned against buying property

A pamphlet in Russian entitled "?????????, ????!" (Beware of Cyprus!) is being handed out at the Sheremetyevo International Airport in Moscow warning Russians not to buy property on the island.

Buying property in Cyprus – book review

For anyone wishing to avoid unnecessary heartache and financial loss when buying property in Cyprus, this book is an essential reference - Dr Alan Waring.

How to avoid buying into a bubble

It is very important how to work out what a property is actually worth, from a fundamental perspective. The Global Property Guide has written this article to help ensure you're not over-paying!

Is buying property in Cyprus as safe as houses?

WHEN you buy a property in Cyprus, your right to ownership is guaranteed under the law. Depositing your contract...

How to reduce your risks when buying off plan

If you're buying an off-plan property in Cyprus for which Planning and Building permits have not been issued, the easiest way to reduce the risks and protect your interests is to put your stage other payments in escrow until such time as the property developer presents the required permits to your escrow agent.

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