Selling Villas In Cyprus
A survey on any resale property is strongly suggested, just as it would be in the UK or elsewhere. Our Cypriot team or your lawyer will be able to recommend a surveyor to you. He will inspect the property and prepare a report, eventually showing any defects, which wouldn’t be visible to everyone’s eyes. It will save you unpleasant surprises at a later stage, and depending on the type of defects stated (if any), you might get a reduction on the price or you maybe in a position to request the vendor to mend them, or insist additional guarantees be inserted in the contracts. One thing is for sure; you will know what you’re buying. A surveyor will not allow his love for a property to cloud his judgement as you may have done.
Going through a company like Headlands has several advantages: you’ll get to see a wide range of properties in Cyprus that suit your requirements;you have the benefit of our many years experience, as well as a fully staffed office to support you in the UK; it will eliminate any possible misunderstandings ;it helps takes away the stress and strain associated with home purchasing in Cyprus.
The relatively low cost of living in Cyprus is definitely one of the advantages that appeals to the potential buyer. The island offers a full but comparatively inexpensive lifestyle. In fact, recent statistics pointed to Cyprus as being one of the most inexpensive countries in Europe. The local markets flaunt a wealth of colourful fresh fruit and vegetables, meat and fish locally grown and produced whilst the modern supermarkets are fully stocked with a big range of local and imported goods.
Transactions and payments are simply made through your foreign deposit account. The Cyprus currency system is based on the decimal system. One Cyprus Pound is divided into 100 cents. Coins range in value from one cent to 50 cents and four bank notes are in circulation: 1, 5, 10 and 20.
The ideal approach in buying your cottage is to visit the village of your choice yourself and seek information from the village muchtar (the chairman of the village parish). Estate agents might prove helpful but use them as a second choice. It is evident that the less popular the village is by foreigners, the lower the cottage’s price.
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