Land Registry Services
Our team has extensive experience in Legal advice and general assistance for any kind of real estate transactions, including acquisitions, swaps and leases of immovable property. We provide assistance on all land registry and local authorities procedures for properties situated in Cyprus.
Land Registry services are combined with our office's contract law services and advisory services on agreements, documentations and forms.
Transfer of property in the name of the «enclaved buyer»
On September 2015, the House of Representatives enacted the Immovable Property (Transfer and Mortgage) (Amendment) Law 139(I)/2015 which entered into force on 4 September 2015 with its publication in the Official Gazette of the Republic. The new Law, provides new provisions for the transfer of the property to the purchasers who are enclaved, in case where they are unable and/or the vendor fails to transfer the property in their name in case the property is subject to mortgage and/or encumbrance....
Permission for Third Country National to acquire immovable property in Cyprus
Citizens of non-EU Member states who wish to acquire immovable property in the Republic of Cyprus should first obtain permission from the local District Administration according to Article 3(1) of the Acquisition of Immovable Property (Aliens) Law, Chapter 109.
For such permission to be granted, the application from COMM 145 must be submitted to the District Administration of the district in which the property for sale is located, alongside with the other required documents....
For more details as to how we can help you and legal advice please contact us.
The above information is not intended to be used as legal advice and is merely an example to better understand the legal position of the reader. If you need legal advice please contact us today.
