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Cyprus with Gascoignes Online
   
     
 

Welcome to our FAQ page on Cyprus.

For any individual questions or to discuss your letting needs in more detail please contact us.



Do the properties have title deeds?
Properties have title deeds. The title deeds are transferred to the buyer's name as soon as they are issued by the Land Registry Department and following the settlement of the agreed selling price, and the Council of Ministers approved.

What are the property taxes/fees?
The Property Transfer Fees are payable ONCE only to the Land Registry Office. For more information on taxes please see our useful information page

What are the yearly charges?
Communal expenses vary from apartment to private villa starting from 400 CYP per year for a project with communal swimming pool and gardens.

How is the medical care system?
The medical care system in Cyprus is very inexpensive. A doctor's visit costs about CY£10 - CY£20 and X-rays from CY£15. Inexpensive Private Medical Insurance is also available.
Cyprus residents, whether Cypriots or not, can have a private medical insurance starting from CY£130 pa. Even though inexpensive the health care is of very high standard, the majority of the doctors being trained in the U.K and the U.S.A.
Major credit cards, such as Visa and MasterCard are widely used. Transactions and payments are simply made through your foreign deposit account.

What is the cost of living in Cyprus?
The cost of leaving in Cyprus is low compared to many other European destinations.

Getting to Cyprus?
There are two International Airports in Cyprus with one just 20 minutes from Paphos and the other being in Larnaca. Leptos We can put you in touch with a number of overseas specialists and assist you with all formalities and customs clearance. For more information on flights contact Gascoignes International.

Are the property prices increasing?
Cyprus is a small island with a limited supply of land and properties. As a result real estate has been the traditional "SAFE investment". With Cyprus accession to the E.U. demand is expected to grow and as a result prices should increase drastically.

Our Associates prices grow more than the average because the properties are well built and well maintained.

Can I buy a property easily?
Compared to many countries buying property in Cyprus is very easy. As a non-Cypriot, you are entitled to FREEHOLD ownership of a villa or an apartment or a piece of land up to 4,000 sq.m. If you are of Cypriot origin there are no restrictions.

Offshore entities may also acquire premises for their business or for residence of their foreign employees. Our Associates legal department will guide you through the whole process.

What about resident permits?
This permit is easily obtained for persons living in Cyprus and have purchased property. The granting of the permit is also based upon the level of foreign income available to support oneself and this refers to pensions and income from investments. Our Associates will assist you with all these simple formalities.

Why buy from Us?
Our Associates are synonymous to quality. Established in 1961, the Group has maintained through the years a reputation unmatched by others.

Royal Palaces, Village resorts, hotels and thousands of houses and apartments in the Eastern Mediterranean and the Middle East are evidence of the vast experience of our Associates in property development, construction, tourism and the service industry.

No matter how large they have become, they have made a sincere and irrevocable commitment that they never forget - not for a single minute - that they exist to serve you as an individual.

Do you have any resale available?
Yes, We have a huge choice of resale or ready properties for sale for you to choose from.

Beach properties?
We have many developments near the beach, on the shores and further in-land.

Please contact us for a list of properties available.

Do you provide after-sales services?

We and our Associates pride ourselves on our after-sales services, with a vast in-house property management team at our Associates you will never be left alone. They will always be with you assuring you of undivided attention.



For any individual questions or to discuss your requirements in more detail please contact us.

 
     
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