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Buying a Home in Cyprus
18
A Practical Guide to Successful Real Estate Purchase - Top Tips Supplement

Top Tips for finding property for sale
Some years ago, before we lived in Cyprus, I remember taking a taxi
from the airport to our hotel. We’d just got in and our driver gave me his
business card saying in bold letters and in English ‘Estate Agent’. A
estate agent driving a taxi? Pull the other one my friend, it’s got bells on!
You will not have a problem finding property in Cyprus! There are many
thousands of properties for sale and many thousands of people eager and
willing to sell them to you (including an ancient taxi driver with a pile of
yellowed business cards).
There are many different ways of finding property - the particular
methods you choose will depend on the amount of time that you are
willing or able to devote to your search and what you are looking to buy.
Off-plan property
If you're looking for off plan properties, development companies that
target foreign buyers are very easy to find. They have advertisements in
magazines, at airports, hoardings along the highway, posters, etc.
Their offices are usually situated in the tourist areas. The larger ones have
Internet sites showing details of their developments and some use local
estate agents and UK-based overseas property marketing companies to
promote and sell their properties.
Estate agents
There are two types of estate agents in Cyprus; those who are registered
(and therefore legal) and those who are not registered (and therefore
illegal). To add to the confusion, the European Commission sent Cyprus
an official request for information on its laws governing estate agents; it
considers these may not be compatible with EU internal market laws. So
© Nigel Howarth
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