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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.
 

  • Shops for sale in Larnaca Town Center

    Ref: LAC5775
    Country: Cyprus
    City: Larnaka
    Area: Town Center
    Enclosed area: 100 sq.m
    Title Deeds:
    City Center:
    Price: €120,000
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  • Warehouse for sale in Aradippou industrial area, Larnaca

    Ref: Lac8611
    Country: Cyprus
    City: Larnaka
    Area: Aradippou
    Enclosed area: 340sqm
    Industrial zone:
    Price: €210,000
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  • Penthouse for sale close tο the town center

    Ref: LAC10201
    Country: Cyprus
    City: Larnaka
    Area: Town Center
    Status: Near Completed
    Bedrooms: 3
    Enclosed area: 99 sq.m
    City Center:
    Price: €408,000
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  • 3 bedroom houses for sale in Livadia

    Ref: LAC10611
    Country: Cyprus
    City: Larnaka
    Area: Livadia
    Status: Near Completed
    Bedrooms: 3
    Enclosed area: 202 sq.m.
    Plot size: 313 sq.m.
    Price: €350,000
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