Cyprus

Buying a Cyprus property is now more popular than ever, with increasing numbers of people following their dream in purchasing a holiday home in this fabulous country.  In recent years the Cypriot local authorities have made great efforts to increase the number of foreign nationals making long-term investments on the island. Today, Cyprus enjoys a very high potential growth in terms of return on investment compared to other countries in Europe and the United Kingdom.

 

The purchase procedure in Cyprus is based upon the British legal system, and Giambrone Law LLP will help you to secure your chosen property by drawing up a preliminary contract and executing the conveyance. Contracts, whether for new or pre-existing properties, usually contain a number of conditional clauses that must be met to ensure their validity. We will meticulously check them to ensure that clear titles are being established and any necessary government permits are given.

 

Giambrone Law LLP will routinely scrutinise ready-made contracts made by builders, developers and estate agents, in order to protect your best interests.

 

We will also obtain for you the necessary permits and guide through the signing of an option or reservation agreement, to secure your property for a period of time while waiting for funds to arrive from abroad. The legal system in Cyprus safeguards the rights of purchasers in many ways. However, having a UK lawyer on your side who speaks your language and understands your needs is always an advantage, and Giambrone Law, from its offices in the UK and associates in Cyprus, is perfectly placed to give you all the support that you need.