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How to buy an apartment in Cyprus: useful tips on choosing a property
29.02.2024 16:57

altBuying an apartment in Cyprus is a suitable option for both living and investing. This island attracts with its favorable climate, clean beaches, good economy and high quality of life.

MySpace real estate agency offers its assistance in choosing an apartment. How do you choose exactly the kind of accommodation that suits you?

Purchase goals

The first thing to do is to define your goals. The apartment can be used for recreation, permanent residence or rental. If you decide on a specific goal, you will be able to choose the optimal type of properties for sale in Cyprus and the desired area.


Calculate in advance the amount that you are willing to spend on the purchase of an apartment. But it is necessary to take into account not only its cost, but also a variety of additional costs. These are tax contributions, agent commissions, and legal services.


Explore the different areas that exist on this island. Choose the one that suits your specific goals. In some areas of Cyprus, it is better to buy real estate for living. Other parts of the island are ideal for relaxing and renting an apartment.

Type of property

You can buy an apartment both in a new building and on the secondary market. Each option has its advantages and disadvantages. Weigh all the pros and cons to make the right decision.

Legal aspects

Before concluding a deal, you should contact either a lawyer or a real estate agency. Experts will check the legal purity of the object, and also help to conclude an official contract without errors and "pitfalls".


If you need financing, contact a bank in Cyprus. You can also contact an international financial institution. Companies offer favorable terms of cooperation, so that you can get your dream home faster.

Taxes and fees

Familiarize yourself with all tax obligations and fees in advance. Thanks to this, the process of buying an apartment will not turn into unforeseen surprises in the future.

Agent services

Contact local specialists for help. They will provide professional advice and help you choose the apartment that meets your expectations.

As you can see, buying an apartment in Cyprus is a difficult and responsible process. It is worth enlisting the support of professionals to avoid mistakes and get the perfect accommodation on a picturesque island!

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