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Buying a property in another country can be a daunting experience; Lords P&P therefore will ...
Cyprus
Lords P&P International
With its superb beaches and multi-star hotels, the Ammochostos region draws discerning sun seekers from all over the globe. But this part of the island remains the agricultural heart of Cyprus, where traditional windmills stand with modern aqueducts to irrigate the fertile red soil. Agia Napa, once a small fishing village, is as lively a resort as any in the Mediterranean. But historic sites such as a 16th-century Venetian monastery lend character to a town that’s best known for its colorful shops, tavernas and discos. Another focal point is the crescent harbor, crowded with bright fishing boats. The day’s catch is tonight’s dinner at the popular restaurants nearby. Life in this southeastern corner of Cyprus revolves around the sea, with water sports of all kinds readily available - from scuba diving to water-skiing to paragliding. Explore the rugged coast toward Cape Greko, with its string of calm sandy coves, and stay for the indescribably beautiful sunset. Or head north, toward the basket-making community of Liopetri, stopping at Sotira to take in the pretty village churches that date to the 15th and 16th centuries. East to Protaras, more glorious beaches spread out under the sun, while just inland the white-washed town of Paralimni boasts open-air tavernas known for their succulent grilled fish. Only a few miles from the most contemporary of resort scenes, you’ll feel eons away.
Climate in CYPRUS
Cyprus enjoys a Mediterranean climate, with abundant sunshine year round. Long dry summers and mild winters are separated by short autumn and spring seasons. Summer is a time of high temperatures with cloudless skies, but the sea breeze creates a pleasant atmosphere in the coastal areas. Winters are mild, with some rain and snow on Troodos Mountains.
Getting There
With schedule flights daily in to Cyprus, just 4 and half hours away from the UK, low-cost carriers and charters are also available throughout the summer season bringing you closer to that dream lifestyle that Cyprus offers
Currency Time
Euro GMT +2
Population Dialling Code
730,000 +357
Business hours
Mon–Fri 9am–1pm & 3pm - 6pm (variable)
Language
Greek, Turkish, English
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What are the Starting prices of properties?
The average 2 bedroom apartments start at €150,000 -
What are the other cost's involved?
As a guide, purchasers should allow around 5%-6% of the property's total purchase price to cover all closing costs. -
Are mortgages available?
The Cypriot mortgage market is pretty stable with 70% mortgages available in many different currencies -
Is there a rental market?
With 340 days of sunshine and a healthy rental market you can get rental returns of between 6-9% per annum -
Do I need a visa?
No visa requirements for EU Citizens -
Will I need a Lawyer?
We always highly recommend instructing lawyers with regards to property sales our local team will assist with this -
What's included on the inspection visit?
Please see inspection trips link -
How does the buying process work?
You will be required to pay a 'reservation fee' of approx €3500, this will freeze the price and withdraw the property from the market. Contracts of Sale are then arranged with your lawyer ...
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