Cyprus remains one of the most attractive jurisdictions for property investment. The island benefits from a stable legal system and transparent rules governing transactions. For buyers, it is crucial to understand in advance which taxes and fees will apply. VAT on New Builds * Standard rate — 19% Applied when purchasing new
The Cyprus property market remains one of the most attractive in the Mediterranean. Yet with growing investor interest come schemes that may put the security of a transaction at risk. One of the riskiest areas involves purchasing property without a ready Title Deed and structuring the deal through an assignment
In brief: Cyprus is preparing a reform of the outdated Cap.109 law on property acquisitions by foreigners from outside the EU. Current rules impose limits and require government approval, yet due to loopholes, transactions often proceed with minimal oversight. Authorities are not happy with this — in August the Ministry
Cyprus remains one of the most accessible property markets in the Mediterranean: ownership is freehold, English is widely used in legal transactions, and the cost structure is transparent. Below is a practical roadmap — from the first viewing to obtaining the Title Deed (certificate of ownership) — with specific notes for non-EU