Raftis & Raftis

Property Ownership

Owning Cyprus property is a relatively straightforward process. As a buyer however, you must familiarize yourself with the laws and documentation that are required to effectively acquire Cyprus properties. The majority of Cyprus properties sold are freehold properties. The first step towards acquiring property requires that residential permits are obtained. Residential permits are easy to attain and are separated into the two following categories - the temporary Residence Permit and the Permanent residence permit. Once the necessary permit has been filed, the Title Deed regarding property ownership must be organized and processed, and ownership transfer fees must be paid accordingly. Once these steps have been completed, the initital property ownership steps will have been completed and you will be able to continue the Cyprus property ownership process.