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Buyers Guide
Finance Options for Buying Property
Mortgages Mortgages are widely available in Cyprus and the terms are similar to those in the UK. However, you may require some help from our experts with the process of applying for your mortgage. We will gladly give independent advice and assistance with your mortgage application from a Cypriot bank. Main Characteristics of Mortgages in Cyprus Mortgages in Cyprus&nb... read more
Acquiring Property in Cyprus
Introduction Foreign buyers, especially those from the UK, often assume that because legal and financial systems are based on the same principles as those in the UK, house-buying procedures will be the same. Cyprus land law and UK land law and the associated procedures aren’t the same. It’s wise to employ the services of a recommended local lawyer even... read more
Cyprus Property Taxes, Fees and Rates
Capital Gains Tax On any financial gains from disposal/sale of Immovable Property situated in Cyprus, Capital Gains Tax will be imposed at the rate of 20% with the first €17,086 being exempt for each person. The gain is the difference between the sales proceeds and the original cost of the property. In the case of a property which was purchased before ... read more
About Cyprus
History The history of Cyprus is one of the oldest in the world and dates back to the 7th century B/C. The arrival of the Mycenaean Greeks at first, followed by the Achaean Greeks has given Cyprus the typical Greek character. The Island has four major cities, Nicosia as the Island’s Capital, then Larnaca as the Island’s main airport, then Limassol as the Island... read more
Property sales up 6% in October
DURING October 2018, the number of property sales contracts deposited at Land Registry offices across the Republic of Cyprus rose 6% compared to October 2017 according to official figures published by the Department of Lands and Surveys. Property sales have been rising for 18 consecutive months and this October rise follows rises of 14% in September, 14% in August and 21% in Ju... read more
Cyprus property market has seen significant growth in sales and prices
The residential property market in Cyprus saw significant growth in 2017 with sales up 24% and prices up 33% and a rise in foreign buyers, a new annual review report shows. The highest growth in sales was in Famagusta with a rise of 44%, followed by Nicosia up 42% and Limassol up 36%, according to the Cyprus Real Estate Market Report from PwC Cyprus. Sales to foreign buyers i... read more
Landlords information
Levels of Service offered •Full Management•Letting Only This is our inclusive Service, which provides for the marketing of the property and carrying out viewings, leading to the introduction and vetting of a prospective Tenant. This proving satisfactory, we then go ahead and prepare the tenancy agreement, and if required an inventory. The Tenant will then be c... read more
In cooperation with QUANTUM VIA
QUANTUM VIA is a London-based charter broker company with outstanding professionals, offering individual solutions for business travel. The company provides a facility for booking charter flights and yachts. Quantum Via is an independent broker, working globally to provide a quick and clear service for the most demanding customers any time of day or night. Whethe... read more
In cooperation with HamlinWest Estates
HAMLIN WEST ESTATES WAS FORMED IN EARLY 2016 WHEN BUSINESS PARTNERS PETER HAMLIN AND JAMES WEST COMBINED PETER'S EXPERIENCE IN PROPERTY MANAGEMENT AND JAMES'S VAST EXPERIENCE IN SALES. Together they have created a unique and innovative method to ensure that clients receive the best possible customer service at a more affordable cost to conventional estate age... read more