Cyprus Property, Buy Properties in Cyprus
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Once the Contract of Sale is signed by the client, their lawyer information it with Land Registry within 60 days as this secures the property in the buyer’s identify(s). Buyers need to present bank and character references with the application.The steadiness of the money is usually paid by the completion date agreed with each events on resales and in stages agreed by the developer for brand spanking new-Builds. Limassol is the second largest town on Cyprus.
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If this is the case, the switch charge is paid to the Land Registry and you've got ‘accomplished’ in the way we understand in the UK. A surveyor isn't a authorized