Cyprus has become not only Europe's top holiday destination in recent years but also a choice of property investors. After becoming an active member of European Union in 2004, demand for Cyprus real estate property has boomed incredibly.

And why not, where the sun shines almost 300 days a year with warm heart people around, low crime rates, sandy beaches, fabolous sceneries are the factors that not only attract foreign investors to join the Cyprus growing economy but also encourage many other individuals to buy property on this exotic heavenly beautiful island.

Cyprus Real Estate Market Overview

Owning a property in Cyprus gives a feeling of peace, relaxation and luxury. Since 2004 it became much easier to EU nationals to buy real estate property in South Cyprus including any size of land, but non-EU nationals are still restricted to purchase only one property in Cyprus at a time allowed by the Cypriot law.

System of buying Cyprus property is originally based on British legal system, fee, costs and other procedures are very reasonable and are much lower than other European countries.
English is widely spoken on the Island's both parts i.e. North Cyprus and South Cyprus,making it easier for the buyer in understanding the legal laws and procedures.

A good advise before you buy a real estate property in Cyprus

Although there is no medium required between the buyer and seller at the time of buying a real estate property in Cyprus but we strongly recommend you to contact a lawyer for any legal matters. Many of the Cypriot property builders have drawn their own buyer's contract. We advise you to to engage a lawyer in the process for peace of mind. Some of the property dealers in Cyprus have appointed their own lawyers that will provided necessary information and explanations of the contract to be held. These lawyers will also work on your behalf for the approval of purchase a property in Cyprus by the local authorities.