Best rated villa real estate services Limassol, Cyprus: Thousands of properties – Today in our portfolio we have 9,000 properties. We offer a wide variety of projects – already built or under construction, plots of land with or without a construction contract, investment projects. We are one of the major players in the construction industry in Cyprus. The Alliance’s properties are located all over the island – in coastal cities (Limassol, Paphos, Larnaca) and their suburbs, in popular resorts (Protaras, Ayia Napa, Polis, Pissouri), in the center of the island (Nicosia). Our developments embrace the entire price range of the real estate market, from low-cost single-bedroom apartments to luxury multi-million apartments and villas. Find more details at https://cyprus-alliance.com/property-for-sale/apartments.
Execution of Property Sales Transaction – Property acquisition in Cyprus as well as in any other country is a certain legal procedure that shall be observed by all the parties concerned. You will be able to find detailed information on legal aspects of the transaction on the page Legal Issues. In case you wish to make use of a mortgage credit, a Cyprus bank becomes a participant of the process. You will have to prepare a set of documents and draft them appropriately. We will offer you assistance in this. Information on mortgage is available on the page Mortgage & Credit. Information on taxes and duties arising due to property acquisition in Cyprus is available оn pages VAT and Other taxes.
Here is a typical example of how the Government of Cyprus has solved the issue of properties of Turkish Cypriots who used to reside in the Southern part of the island and abandoned their houses leaving for the Northern unrecognized part of the island after the conflict of 1974. Such properties are simply left as they were while the rights of their owners are preserved inviolable until now. We are proud of the way we have solved this complex issue.
Despite the fact that foreigners have virtually a feel of being almost at home in hospitable Cyprus, one always wants to get a recommendation in matters like looking for a good doctor or a lawyer. All the more so that advertising of legal services is against the Law in Cyprus. In case you apply to us with a similar request we are willing to reference a law office, the competent and professional work of which we are well familiar with. We can also suggest that you observe recommendations by British High Commission (Consular Department of the British Embassy to Cyprus). Please, follow the link to contact them. Then you can download a list of lawyers* in various cities of Cyprus. You certainly have a perfect right to apply to any other lawyer or law office.
In case you have purchased an apartment or a townhouse you will most likely not have to monitor the condition of your property when you are away from Cyprus. In the event that you have purchased a house and do not live in it on a permanent basis you will have to see to keeping your garden and probably fruit trees as well as swimming pool in an appropriate order. The Managing company of the Alliance at your request is ready to provide experienced and professional experts to you who will take care of your garden and swimming pool. We are also willing to provide you all the necessary assistance in case you wish afterwards to rent out or sell the property you have purchased.
The immigration legislation is currently extremely liberal. Provided that you are purchasing property exceeding €300,000 you can obtain a permanent lifelong residence permit in the EU. Term of obtaining residence permit – 2 months maximum. Significant reserves of natural gas have been found and confirmed in the Mediterranean offshore in economic area of the Republic of Cyprus. Its production on an industrial scale is planned for 2022-2023. The revenue of the production considering the small size of Cyprus will make it a truly prosperous country and will lead to an increase in property prices. Find extra details on cyprus-alliance.com.