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Cyprus Beauty

Buyers Guide

We strongly advice all purchasers for their own protection, before embarking on any property transaction in Cyprus, to make sure that they are properly informed by a Registered and Licensed Real Estate Agent member of the CYPRUS REAL ESTATE AGENT’S ASSOCIATION (CREAA).  Unfortunately there are still many illegal estate Agents operating in Cyprus. Some of these companies describe themselves as “property consultants” “real estate advertisers” etc and trade in real estate illegally. 

 

Licensed Estate Agents in Cyprus are regulated by law and need to be professionally qualified and registered with the Estate Agents Registration Council, a semi-state organization under the interior Ministry.

 

Cyprus has passed the real estate Law N.273(I)2004 including amendment N.118(2007) which legally guarantees all the rights of the buyer, obliging the Real Estate Agent to supply all legitimate safeguards before proceeding to conclude any property deal.  This law was designed to rid Cyprus of the numerous cowboy real estate agents.  The law obliges the Registered Real Estate Agent to take exams, providing that he/she have a detailed knowledge of Cyprus’ property laws, wide experience in selling property or hold a University degree in a relevant subject, possess an untarnished criminal and civic record and not to be bankrupt and to have a minimum of €170000 professional indemnity insurance cover.
 

  • Ground floor shop in the town center of Larnaca

    Ref: lac7274
    Country: Cyprus
    City: Larnaka
    Area: Town Center
    Enclosed area: 300sq.m
    Unfurnished:
    City Center:
    Price: €3,750
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  • For Sale

    Two bedroom apartment in Larnaca

    Ref: lac4955
    Country: Cyprus
    City: Larnaka
    Area: Ayios Ioannis (Prodromos)
    Bedrooms: 2
    Enclosed area: 89sq.m
    Price: €100,000
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  • Shop for rent in Larnaca

    Ref: lac5619
    Country: Cyprus
    City: Larnaka
    Area: Town Center
    Enclosed area: 50sqm
    Unfurnished:
    City Center:
    Price: €290
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  • For Sale

    Semi-Detached House in Polemidia

    Ref: LIM5551
    Country: Cyprus
    City: Limassol
    Area: Polemidia
    Bedrooms: 3
    Enclosed area: 185 sq.m
    Title Deeds:
    Price: €290,000
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