Cyprus Real Estate - Overview
The Cyprus real estate market continues to evolve despite the EU and International continued economic instability. Focused on the benefits that Cyprus offers to international investors (residency and citizenship, in addition to the Mediterranean holiday home) the real estate market in Cyprus presents opportunities which, apart from being a secure investment, they further combine availabilities for low cost land development projects and on-going commercial success.
Cyprus' small size and geographical position (in the cross-roads of Europe, Asia and Africa), combined with low crime levels and low tax on income, its' cosmopolitan city style and international business establishments with financial and geopolitical status, combined with unique nature, a Mediterranean sea and bright sun that shines over 300 days per year, makes Cyprus a popular destination for the acquisition of property.
It may well be said that investment in Cyprus real estate carries no investment risk but for a purchaser who does not act prudently though, the risks could be great and the pitfalls many. Professional legal advice is strongly recommended.
Much of the work we carry out is representation of purchasers and investors in Cyprus, ensuring a secure acquisition and advising on real estate commitments and technical contractual issues. Our clients come from all over the world, including the EU, Russia, China, Ukraine, Asia, South Africa and Middle East.
We further represent investors and purchasers before courts in cases of necessity. Delays in deliveries, contract and construction disputes, and delays in payments are some situations which may end up in court. Our litigation team represents both, purchasers or sellers.
For more details as to how can we help you, please contact us now.