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Real Estate
Cyprus
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Property
Cyprus
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Buy
Cyprus
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Rent
Cyprus
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Property News
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29 Nov 2009
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| Property buyers rights to be strengthened by new law |
CONSULTATION on the draft legislation designed to ease the
Title Deeds problem and ultimately create healthier conditions in the
property market has now been completed “within an open, democratic and transparent process” aimed at creating the “broadest possible political and social consensus”, Interior Minister Neoclis Sylikiotis said on Friday.
“For the first time and in a holistic manner faces up to a
lingering problem, a Gordian Knot which has prevented thousands of
Cypri
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01 Nov 2009
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| Top 10 tips on buying land in Cyprus |
Every property purchase has individual factors which make it
unique and in the case of buying land in Cyprus there are some special
considerations which need to be carefully examined during the purchase
process.
Tip 1 – Ensure the person selling to you owns all the land
Particular care needs to be taken when buying a share in a plot of
land – unless all of the owners have agreed to the sale. If you want to
buy a share in an undivided plot of land great care must be t
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30 Oct 2009
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| Top 5 tips: Buy Cyprus property safely |
Buying property is not a process to be rushed. You
need time to research the market as a whole and your particular
destination of choice. You should also spend time researching the
companies in the market place – using the right professionals will save
you time, money and stress. Investing time at the beginning of the
process will save you time later.
1. Independent lawyer
No matter what anybody tells you, no matter how easy it all seems and no matter how lovely the agent s
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19 Jul 2009
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| Details of Title Deed proposals to be announced |
The Cyprus Interior Minister is considering measures and new
legislation aimed at speeding up the issue of Title Deeds to the
100,000+ properties without them. However as any proposed legislation needs the approval of the House, MPs with vested interests could scupper his plans.
It is understood that these proposals will be targeted at clearing
the logjam caused by various misdemeanours by property developers,
buyers, and bankers as well as bureaucratic delays in the Land
Regist
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25 Jun 2009
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| How to reduce your risks when buying off plan |
THE majority of Brits buying new property in Cyprus buy ‘off plan’ from one of the many developers. (Off plan is where a property being bought is at the planning stage and has yet to be built)
One of the potential benefits of this approach is that in a rising
market, it is possible that the value of the property will increase
between the time that the contract is signed and you take delivery.
However, there are also a number of risks associated with buying off
plan. I
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