Steps in Buying Property In Cyprus

Like any other business decision, the buying procedure begins with a choice, namely with the selection of suitable properties. To narrow down the search process among a huge number of different proposals, it is necessary to determine those basic parameters which apply to your case:

• The future purchase budget corridor – the price borders which you are ready to act within
• Location – priority cities and areas where the property must be located (in descending order, if there are several areas)
• Landmarks: an active urban center, a quiet suburb, a village (remoteness from the city center in minutes of drive), a completely isolated corner of the countryside
• Whether you prefer a sea or mountain view
• Property type: apartments (with garden, without), villa, penthouse, townhouse, duplex, studio, bungalow, commercial
• All information concerning the approximate project plan of the object – number of rooms, bedrooms, and bathrooms, the desired area (general and separate for each room), etc.
• All necessary infrastructure availability and proximity: shops, cafes, restaurants, schools, kindergartens, main roads, airports
• Stage: new building, project state

Once you have decided on the most complete description of the future acquisition, you will need to choose between two options

Option 1 – Independent search in the catalog

At this stage, you may, without the participation of our specialists, review the objects (presented on our website) in the selected category, using convenient navigation, to optimize the search by sorting out the request for the city, real estate type, price, number of bedrooms, availability of certain additional options. Through our website, you will be able to see the exact location of the selected building on the map, using the “Show on map” button – upper right corner of the page. Each proposal you are interested in can be studied in more detail, including photos, descriptions. analyzing the advantages of the selected properties, noting down favorites and using the compare functions to see the real differences between your property choices.

Option 2 – Using the help of PPG Managers

For a more detailed study of all the options for a future purchase, having approved the preliminary program of the visit and agreeing on other main points (booking a hotel or making a short-term lease contract for a temporary accommodation place, settling questions about the documentation required for a trip), You may then proceed with an orientation tour.

Once your tour is successful and the final choice has been made, what’s next? A preliminary contract, which allows the buyer to reserve the selected option (usually for a period of up to 1 – 1.5 months), and make a reservation deposit, which is 1–2% of the object value is completed. At this stage, the transaction’s legal substance is also checked and its final conditions agreed.

After paying the transfer fee and the purchase procedure is completed, the most exciting stage begins – the stage of arrangement. At this step, you may also rely on the experience and knowledge of Prime Property Group specialists to guide you through starting a new life in Cyprus.