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Property o wnership rights in Cyprus is denoted by title deeds, issued by the District Lands Offices. All contracts must therefore provide for the transfer and registration of the property in the purchaser’s name and for obtaining a title deed.
A Title Deed is containing information such as the owner(s), property details like size and location and the Lands' Office reference and includes an accompanying site plan that locates the land on a map.
The Land Registry is administered by a number of the District Lands' Offices where records of immovable property ownership are issued, kept and maintained. The offices are located in Limassol, Paphos, Larnaca, Paralimni and the capital city of Nicosia.
When one buys a piece of land or a house, the seller as a rule must have a title deed in his own name which can be transferred to the purchaser. However, if one buys a flat, especially one still under construction or a new house, there may be no title deed in existence and sometimes the seller does not have a title deed even for the land on which the building is being built because it may still be in the name of the original owner from whom the developer has purchased the property and to whom he still owes money. These are matters which the purchaser’s lawyer must consider and embody in the contract, as well as take such other steps as may be necessary so as to safeguard the interests of the purchaser.
The final stage of your purchase is conveyancing title to your name. This is the day when you finally become the owner of a plot of land in Cyprus.
The conveyancing process is carried out by the District Land Office. You need to complete the appropriate form and your lawyer can take care of the rest. Non-resident EU citizens and other foreign nationals need to provide a certified copy a permission to acquire the property issued by the Council of Ministers, while resident EU citizens need to provide the Certificate of Permanent Residence supplied to them by their local District Administration Office.
Property transfer fees are payable at the time of conveyancing. The fee scale may vary from time to time.
Long Beach Property Developers 3 Gr. Afxentiou Ave., Avensia Court 3, Shop 1 P.O. Box 40626, Larnaca 6306, Cyprus
Telephone: +357 24 82 40 24 Mobile: +357 99 47 78 79 or +357 99 44 55 30 Facsimile: +357 24 82 40 25 Send a Request
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