Once you have decided to purchase a property and an offer is accepted, a reservation amount of CYP 2,000 is required to secure the property. This can be paid by Credit Card.

Our company will make an appointment with a recommended solicitor to discuss the contract of sale and the terms of payments. Once you agree and contracts are signed, a permission to purchase immovable property must be sought from the Council of Ministers by a written application. The permission is always granted as far as the applicants have no criminal record in their own country or in Cyprus. Your solicitor will take care of these formalities, it is part of their fees !!

You must now arrange for the transferring of funds from your country of residence. You may do that by opening a bank account with a bank in Cyprus to which you will transfer your funds. Our company recommends that the payments are made through your solicitor to his Clients’ Accounts. They will keep evidence of any payments in your file, make all the relevant applications for your property acquisition and transfer all utility bills to your name.

In general, solicitors will offer you a free consultation meeting; give you information about their services and the process of house buying in Cyprus. They will charge a fixed rate for your property purchase, agreed in advanced. Solicitors Fees are approximately from 700—1500 CY£