buying a home in Cyprus


Your Visit

New property development has been steaming ahead over the last few years and almost every property you will see is different to the next. In practice this means you are likely to see a bewildering display of uniquely designed houses, villas and apartments. Each successive property will be as attractive, or better than the last you saw.

Both the resale and new property market offer incredible choice, so having a selected portfolio of properties to view and a local independent specialist to guide you round the maze is absolutely essential.

There is so much excellent property to see and it can become wearing after a couple of days of visits, it’s also likely that you will be refining what you want as you see more properties. Your property partner will be sensitive to this and will refine the selection. They will also always be on hand with advice on local information and circumstances.

Making up your mind can be very difficult, the greatest pressure you are likely to face is knowing that time has sped by and you are due to board a plane home soon. Never allow that self-imposed pressure to make up your mind for you, unless of course you are absolutely certain it is what you want to do. Even then you should return home and think through the whole situation before committing to anything. It’s easy to get carried away with it all when you are there, but the cold light of day at home is often the best time to make your decision. Then, you can work out how you are going to finance your dream.

Financing your purchase in Cyprus looks attractive at first, the lending rates quoted by the banks are usually very low, you can choose the currency you want (Sterling, Euros and Cyprus Pounds, Swiss Francs etc. However, once you have trawled through the maze of paperwork and work out what the bank charges, it soon becomes obvious that it’s more expensive than raising money in the UK.

Whether in Cyprus or at home, there is always help available.