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Cyprus property sales market
Recent years have seen quite a boom in the Cyprus
property sales market, a boom which analysts expect
to continue for at least the next three to five years.
Since the country's accession to full European Union membership, demand from overseas property buyers has increased dramatically and experts predict substantial increases in real estate values between now and 2009.
That said, legislation in the Republic of Cyprus is specifically
geared to prevent the construction of the sort of concrete
monstrosities seen in certain parts of Spain. This has
led to government research showing that the Cyprus
property sales market is currently undersupplied by
around 40%; a situation which is not easily remedied,
since the country's building regulations are amongst the
strictest in Europe.
So, from a buyer's point of view, there has never been a more ideal time to purchase real estate on this fantastic Mediterranean island than now.
Aphrodite
Property Sales have compiled a vast portfolio of properties
in all regions of South Cyprus, bringing you the very
finest holiday homes and investment opportunities to be
had.
Aside from outstanding investment opportunities, the Republic of Cyprus has much to recommend it to potential buyers.
The superb weather, friendly and welcoming locals, stunning
scenery and long, sandy beaches all combine to make the
Cyprus
property sales market one of the finest propositions
for overseas buyers.
For further details on any aspect of buying
a property in Cyprus, please contact our friendly,
helpful staff who will be pleased to assist you with all
your enquiries.
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| The Cyprus Land Registry Office imposes
the real estate tax upon the transfer and registration
of the property into the name of the purchaser.
The transfer is based on the market value of the
property at the time of purchase, which is determined
by the Land Registry Office Read
More... |
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Cyprus
Mortgages are available up to 70% in most cases,
80% in some, with repayment periods of up to twenty
years.
If required, we are able to introduce sources
able to obtain pre-approval for financing Cyprus
property. Read
More... |
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QUICK
GUIDE TO PROPERTY BUYING IN CYPRUS
Cyprus nationals and Cyprus residents holding an
E.U. member state passport may buy any immovable
property freely.
Property acquisition laws started to be revised
when Cyprus joined the European Union at the beginning
of May 2004. Read
More... |
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Paralimni
has proven a popular holiday resort, whilst
still becoming a very sought after residential area
causing property prices to rise considerably. From
an investment point of view, property
in Paralimni and its surrounding area are proving
to give a good return on capital.
Read More... |
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| Aphrodite
Property Sales will be happy to discuss your requirements
for a golf
property in Cyprus. Properties in this area offer
excellent ROI (return on investment) potential and the
values are almost certainly to double within the next 3 to 4 years as the planned golf
course is hopefully made part of the European circuit. Read
More... |
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| Buying
Real Estate is highly organised and regulated. The
Cypriot land registry system is (once again) based on
the British system. It is highly advanced, with the Cyprus
Land Registry Office being one of the most modern establishments
of its kind in Europe. This makes the acquisition of Cypriot
property a smooth and easy process. Read
More... |
N.B. Nearly all Cyprus properties available for purchase
are freehold. Leasehold is pretty well unheard of. |
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