Buying Property in Cyprus checklist

To help give you confidence that you’re covering all the necessary steps when buying property in Cyprus, we have put together the following straightforward checklist of the key things you need to consider.

 

  To do

 Completed  

 1

  Decide what you are buying, where and why. If necessary            take advice on this.

 

 2

  Instruct us as your independent lawyer.

 

 3

  Look at the cost of buying. Fix a budget. Stick to it.

 

 4

  Investigate finance and think about how to finance deposit.

 

 5

  Learn about the process of buying

 

 6

  Look at who should own the property

 

 7

  View properties / choose a property. Be honest with the              estate agent about what you are looking for – that will save a      lot of time for you and them.

 

 8

  Survey and valuation

 

 9

  Send any contract to us to review prior to signature.

 

10

  Speak to currency dealer about getting the best rate for your    purchase

 

11

  If it is a reservation contract pay a small reservation fee

 

12

  Lawyer carries out checks on the property and advises you        on whether it is safe to proceed with the full purchase                 contract

 

13

  Payment of Full purchase deposit

 

14

  Lawyer deals with purchase

 

15

  If you are moving to Cyprus arrange removal company

 

16

  Arrange Power of Attorney if needed

 

17

  Arrange insurance – contents / buildings / health

 

18

  Signature of title deeds and registration at the Land registry

 

19

  Make a Cypriot Will and review your English Will

 

20

  Arrange for Fiscal representation

 

21

  Enjoy a well deserved holiday in your new property

 

 

Need help buying property in Cyprus?

Our UK-based team of property lawyers are highly experienced in helping clients to buy and sell property in Cyprus, as well as handling a whole range of related issues, such as advice on Wills and inheritance.

With a thorough understanding of both UK and Cypriot law, we can provide clear, reliable legal guidance in plain English, giving you the confidence to deal effectively with property in Cyprus.

Call: 01438 840 258                       Email: admin@judicaregroup.com