Top Tips - What You Should Know Before Buying Property In Cyprus

If you are considering buying a plot of land or property in Cyprus, this could likely be the best investment you will have ever made, however you should consider some important tips as following in order to make a sound investment and purchase:

§         Check the title deed on the property.

§         Find our whether there is any existing mortgage on the property or not?

§         Do your research on the Developer; is there any existing construction loan on the plot/ property?

§         IF there is no title deed, did the Developer follow the right procedures with building licences etc.?

§         Compare housing loan packages from at least 3 local banks.

§         Make sure your Agent will guide you all the way through in association with their lawyers, bankers etc.