All Posts Tagged With: "Cyprus Property"

Legal Wrangles over Cypriot Property

A court judgment last month has sent ripples of worry through foreign property investors who have bought homes in northern Cyprus. A British couple bought a property in northern Cyprus on a piece of land that a Greek Cypriot was forced to flee when Turkish troops invaded Cyprus in 1974.

Despite the British couple having bought the land in good faith and owning Turkish title deeds proving they owned the land and property, courts have rules that they must demolish their holiday home and return the land to the Greek Cypriot. The Brits have also been ordered to pay damages and a monthly rent until the property has been handed over formally.

Moving to Cyprus

If you would like to live in Cyprus, you will need to get in touch with the Census Records and Migration Department to register within eight days of entering Cyprus. If you are looking to work in Cyprus for over three months you will require a residence permit which requires registration from the Census Records and Migration Department or the Aliens and Migration Service of the police.

Household/Office Items
The movement of most household and office furniture is permitted into Cyprus on the principle of mutual recognition – that is, every product which has legally been manufactured or marketed in the EU already can be moved to Cyprus without issue.

Cyprus Property Buying Area Guide

Cyprus is a unique and distinctive country and it comes as no surprise that many foreign property investors wish to invest there. Cyprus has a rich tapestry of cultures, from Middle Eastern to Western European, giving a large mix of influences throughout the country and meaning there is a wide range of property available for purchase.

Cyprus is the third largest island in the Mediterranean sea and houses a large variety of terrain – from the hustle and bustle in the major cities through to peace and tranquillity by the seas or in the pine-clad Troodos Mountains. The stretches of clean sand attract many tourists and therefore property investors also enjoy buying real estate near the coasts thanks to their excellent rental opportunities.