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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.
 

  • Land for sale near Ayia Napa

    Ref: LAC7676
    Country: Cyprus
    City: Famagusta
    Area: Ayia Napa
    Plot size: 12009 sq.m
    Title Deeds:
    Agricultural Land:
    Price: €600,000
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  • Detached house for sale in Drosia, Larnaca

    Ref: LAC8490
    Country: Cyprus
    City: Larnaka
    Area: Drosia
    Bedrooms: 5
    Plot size: 600 sq.m
    Title Deeds:
    Price: €500,000
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  • 3 bedroom penthouses for sale in Ayios Tychonas

    Ref: Lim10391
    Country: Cyprus
    City: Limassol
    Area: Ayios Tychonas
    Bedrooms: 3
    Enclosed area: 222.44 sq.m. - 244,46 sq.m.
    Price: €3,510,500
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  • Commercial plot for Sale in Livadia

    Ref: LAC10404
    Country: Cyprus
    City: Larnaka
    Area: Livadia
    Plot size: 563 sq.m.
    Industrial zone:
    Price: €200,000
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