There are many more sellers in the Cyprus property market than buyers. In this business we deal with both sides and we represent both buyers and sellers and work really hard to ensure our clients are well advised and informed in order to make the best decision. It is the duty of any agent representing the sellers to advise them on what should be done to best accomplish the sale. Presentation...
Once you have made an offer on a property, and the offer has been accepted by the owners/sellers, if you have not already you will appoint a lawyer. Lawyers will represent you in Cyprus and assist you with all the legal, technical and financial matters in purchasing a property in Cyprus. In the Cypriot system, there are 2 main categories of properties- A. The properties that have their own individual...
You have waited most of your life for this day. Finally, you are ready to buy that Cyprus holiday or retirement home that you’ve spent so much of your life dreaming about. Maybe you thought you knew exactly where you wanted that place to be, but along the way and through the years, you have visited many places, fell in love just as many times over and have changed your mind about what that ideal place...
Despite the downturn of the property market in Cyprus and the world financial crisis, the high-end properties are still selling. In the Paphos market where the smaller one and two bedrooms are in excess, we are in need of some spacious and luxurious homes. The majority of buyers that we currently see are not seeking the small homes but, rather sprawling and exquisite villas with all the bells and...
January 5th seemed like the beginning of the new business year as all of a sudden we got an influx of potential buyers. After almost complete silence during the weeks leading up to Christmas and afterward, I was happy to start getting back into the swing of things again. The business was not as slow as last year, but slow enough to make me consider how bad the housing crisis will affect Cyprus. All...
Builders and developers in Cyprus have been getting a bad press due to the “process” to acquire title deeds which can take up to 10 years or more! One would assume that anyone that pays for their property in full and upon completion of the property the title deeds would be issued. However, this is not the case and I will explain what can happen and how to safeguard your self when buying property in...
As Cyprus joins the United Kingdom and most of the world’s property and financial markets downward slide, we are beginning to experience the effect of the current crisis. The word in Cyprus until recently was that the problem will not have an effect or very minimal effect on Cyprus. People in the business of finance, property sales, developers and tourism - basically Cyprus’s whole economy - started to...
Great Kato Paphos Neighborhood 138 sq. m., 2 baths, 3 bdrm 2 story "Villa" - SOLD- Garden Paradise Kato Paphos, Paphos - Serene and tranquil describes this beautiful home and location. This two-level home is the perfect entertainment spot .. from the yard in the front with colorful plants … to the private & lushly landscaped backyard and surrounding lights. The kitchen is a perfect...
Minutes from Sea Caves and Coral Bay Peyia, Paphos - This beautiful home is located on the Western end of Peyia, close to the Sea Caves and the Akamas Preserve and only 5 minutes from Coral Bay. It sits in a picturesque location with views of the mountains and sea. The large plot has a mature garden with full-grown trees all around the house. Here you can live away from the bustle of the city and...
This financial crisis is sweeping across the globe and it is becoming clear that most continents will be affected in one way or another. It is fair to say that we are already experiencing a downturn in the economy here in Cyprus. The extent of what will happen will surely shake things up and just about everyone will feel it in their pockets, bank accounts, and retirement accounts. Certain areas and...
by Cleo Shahateet
