Cyprus Property Dreams
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Yearly Archives: 2010

Buying abroad is a life changing decision and we cannot stress how painless the whole process can be if you are advised properly. Many people share similar concerns and trepidation when buying abroad. Who wouldn't? It is possiby the investment of a lifetime and you need to be absolutely certain you are in safe trustworthy hands. Here, we highlight the Top 5 Issues when buying property in Cyprus.

Buying in Cyprus is usually a smooth process, but on rare occasions there can be misconceptions about what is involved and how the process works.

Issue 1: It doesn't matter where I buy in Cyprus….

Actually, this is wrong – it does matter. Cyprus is currently split into two. Northern Cyprus is governed by Turkey and the remainder of the Island comes under Greek jurisiction. The Northern (Turkish) area was captured during an invasion of 1974 and is not an internationally recognised government.

We ONLY sell properties in the Republic area of the Island. Cyprus is a member of the EU and the Republic area is governed by the recognised Cypriot government.

Issue 2: I don't need a lawyer….

In theory you don't need a lawyer, but in practice we would advice seeking legal help just to ensure all the documentation is in order. We can recommend an English-speaking Lawyer who we have dealt with personally on many occasions.

Issue 3: I don't need to use middle-men to buy in Cyprus

We have helped hundreds of people purchase in Cyprus. We know the process, the potential pitfalls, the best resorts, schools – almost everything you can think of. This comes through experience. And remember – using us costs you absolutely nothing.

Issue 4: I will need to sell all my belongings before I go.

No you do not need to do this, although it's probably the ideal time to undertake a spring clean! We can recommend shipping agents who will ensure your belongings are safely transported to your new property in Cyprus.

Issue 5: I have Health Issues and will not receive the level of care required in Cyprus

Health Care is very good in Cyprus and we can also recommend Medical Insurance. If in doubt, seek a doctors advice – The warm climate is often very good in helping with certain ailments.

A Major court ruling came from the European Court of Justice (ECJ) and it’s a huge blow to English expats living in the northern part of Cyprus.

The ECJ ruling has ordered British expat couple David and Linda Orams to demolish a house they had built on the Lapithos property of Greek Cypriot refugee Meletis Apostolides.

Anyone that owns a property in the North that was originally owned by a Greek Cypriot (prior to the war) may be facing a similar fate. This case will also have huge ramifications on the peace talks.

We have always stressed the huge risks involved buying in the North…

This ruling may eventually lead to the right for all Greek Cypriots to take back their illegally occupied homes. It’s important to note that this whole issue applies to anyone that buys land too. We cannot stress this more highly, we know that buying in the North is cheap…but there is a huge risk.

We think it’s important to mention that buying a property in the Republic of Cyprus (South) does not have the same issues. All property & land that was owned by Turkish Cypriots before the war has been maintained by the government and has never been sold onto a third party.

Buying in the Republic of Cyprus is safe and your title is registered at the land registry.

Should you want to find out more, most of the UK newspapers are covering the story as Cherie Blair is the solicitor for the Orams which is news.

The Foreign Office warns anyone planning to buy property in the Turkish-Cypriot state, which is recognised only by Turkey, that they could face legal action in Cyprus and elsewhere in the EU, including Britain.

Its website says: 'The European Court of Human Rights has ruled in a number of cases that owners of property in northern Cyprus

The Cyprus Mail and the Financial Mirror have reported that a group of seventeen British pensioners say they will go to the European Court of Human Rights (ECHR) after the Turkish Cypriot authorities refused to grant them permission for a protest over their evictions from properties they purchased in Northern Cyprus

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About us

Our Unique Service

 

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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Testimonials


Hi
Just a small note to thank your company for finding the property of our dreams in Cyprus.

We would like to thank Brigitta for all the help she gave us.Driving us round all over the place and finding superb properties.Nothing was to much...

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