ZY IMMO Capital
ZY IMMO Capital

Guide for Property Buyers in Cyprus.

Why Invest in Cyprus?

Strategic Location: At the crossroads of Europe, Asia, and Africa, Cyprus is ideal for international buyers.

Pleasant Climate: Enjoy 300+ days of sunshine annually with mild winters.

High ROI: Real estate in Cyprus offers excellent rental yields and long-term value.

Residency Opportunities: Cyprus offers residency and citizenship programs for property investors.

Safe and Stable Environment: A welcoming community with low crime rates and a high standard of living.

Step-by-Step Buying Process

Define Your Needs
Identify the type of property you're looking for: residential, commercial, holiday home, or investment. Consider location, budget, and additional features.

Browse Listings
Explore our carefully curated portfolio of luxury properties across Cyprus. We offer homes in prime locations like Limassol, Paphos, and Nicosia.

Property Viewing
Our agents will arrange personalized property viewings to help you find the perfect match.

Legal Assistance
We connect you with trusted lawyers specializing in property law to ensure due diligence, title deed checks, and legal compliance.

Sales Agreement
Once you’ve chosen a property, the sales agreement is prepared and signed. A 10% deposit is usually required to secure the property.

Payment and Transfer
After completing payment, the property title deed is transferred to your name. We’ll guide you through every step of this process.

Costs to Consider

Purchase Price: The property cost as agreed with the seller.

Transfer Fees: Based on the value of the property and payable to the Land Registry Department.

Legal Fees: Lawyer services for title checks, agreements, and representation.

Stamp Duty: Required for the signing of the sales agreement.

VAT: New properties may incur a 19% VAT unless eligible for the reduced 5% rate for first-time buyers.

Residency and Citizenship Programs

Permanent Residency by Investment: Invest a minimum of €300,000 in property to obtain permanent residency in Cyprus.

Cyprus Citizenship by Investment (currently unavailable but subject to updates): Previously available for investments of €2 million.

Contact us for updates and guidance on available programs.

Key Advantages of Buying with Us

Extensive Portfolio: Luxury properties in Cyprus’s most desirable areas.

Tailored Assistance: Personalized guidance to meet your unique requirements.

Professional Network: Access to legal, financial, and property experts.

After-Sales Support: Assistance with property management, rentals, and maintenance.

FAQs for Buyers

1. Can foreigners buy property in Cyprus?
Yes, non-Cypriots can purchase property, although non-EU citizens may require approval from the Council of Ministers.

2. Do I need a lawyer?
Yes, having a lawyer ensures your investment is protected, and all legal procedures are followed.

3. How long does the buying process take?
The process typically takes 2–3 months, depending on title deed availability and paperwork.

4. Are title deeds important?
Yes, title deeds confirm legal ownership of the property and are critical for a secure purchase.

Ready to Buy Your Dream Property?

Please, do not hesitate to write us directly : info@zyimmo.de


There are no comments yet

^ Go up