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Monthly Archives: June 2011

Need a lawyer in Cyprus

 
If you are serious about buying a property for sale in Cyprus, you will want to make sure that you have a Cyprus property lawyer who you can trust from exprienced recomendations.
 
This is the only person who can effectively protect your interests and guide you through all the requirements of purchasing property in Cyprus.  You need someone who is unbiased and is only serving you, not the other party in the transaction.
 
Make full use of this professional and don’t hesitate to ask questions. The lawyer should ensure that the property purchase is clear from mortgages or ties etc,  with no unpaid debts attached to the estate. Furthermore, don’t sign any contracts or hand over any money until the action has been approved by the lawyer.
 
Once you do locate a suitable piece of real estate, there is another process. As a foreigner, you will have to apply for permission to buy the property but this is usually just a formality and  your lawyer can help you through the process.
 
We know and trust a lawyer so contact us for further assistance.

EU making property purchase safer

ESTABLISHED by the European Land Registry Association and funded by the European Union, the Cross Border Electronic Conveyancing (CROBECO) scheme allows for the procedure for buying property to be settled in the purchaser’s home country and protected by the laws of that country.
 
CROBECO, which is currently being piloted in Holland & Spain, means that a Dutch buyer of Spanish Property can apply Dutch law to the contract and ask a Dutch Court for compensation from the vendor if they later find there are unknown public limitations, such as retrospective planning laws, affecting the property.
 
Further pilots are expected to take place in other countries later this year.
 
In a statement to the Daily Telegraph Liberal Democrat MEP Diana Wallace, a keen supporter of the development and expansion of the scheme, said: “The EU has a role to play in helping to facilitate property deals across borders and at the very least provide a framework of legal certainty.
“In practice, this means we must ensure that there is full access to information on the state of a property, the conditions attached to it and any other legal obligations or obstacles.
“This must go hand in hand with a transparent administration of the property deal and a quick and clear judicial process in case something goes wrong.”
 
It will take a long time and a lot of legal framework building to reach this point; but the fact that a pilot scheme exists, has EU backing and funding and appears to work means that buying property in Europe could become safer and more transparent sooner rather than later.
 
Details of the CROBECO project were unveiled on June 14 at the EU parliament at a seminar hosted by Diana Wallis in a bid to find a way forward in overcoming legal uncertainties when buying property abroad.
 
A spokesman for  European Land Registry Association said: “The fact that the deed is processed in the buyer’s own language by a conveyancer from their own country, [means] they get the feeling that they are better legally protected and will be less reluctant to buy real estate in foreign countries where the real estate market has collapsed.”
The scheme is likely to be welcomed by countries such as Cyprus and Spain that have thousands of unsold holiday homes littering their landscapes, faltering economies, and tarnished reputations – and who are desperate to attract overseas buyers back to their property market.
 
Courtesy Cyprus Property news

Cyprus bus services

Cyprus By Bus gathers information from all regional bus companies operating a public transport bus service; such as EMEL (Limassol), OSYPA LTD (Paphos), OSEL (Nicosia), Zinonas Buses (Larnaca), OSEA (Famagusta), Limassol Airport Express, Cyprus Intercity Buses etc, and produces a source of information which is more inclusive and board for the local bus users and tourists visiting Cyprus.
 
The scope of our website is to facilitate public transport users by providing them with all useful and necessary information for planning their bus journeys. The information provided includes bus routes, bus time tables, bus fares and bus route maps.
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First, each member of our team originates from the UK so there are no communication barriers.

Second, each of us has bought property in Cyprus and understands the the processes from first-hand experience. This has enabled us to help many other people buy property in Cyprus with confidence.

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John Munroe
I have just returned from a week in Cyprus that concluded with the purchase of my dream villa and would like to take the opportunity to thank the Living-Cyprus team for a most professional service both prior to and during my visit. All...

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