Real estate market solutions Limassol, Cyprus in 2024: Mission of our projects is to meet the needs of our clients, offer a response to a wider set of goals and objectives of the clients, implement our own thoughts and ideas in architecture, conceptual content, create new products in the previously unrepresented segments of real estate in Cyprus. Since then, we under the brand of CDA Group have built and successfully implemented large residential and commercial projects in Limassol and Nicosia. Most of our projects were/are sold before construction works start. This indicates their high liquidity and demand. The Alliance is a club of selected developers, the most modern and advanced companies. Alliance members are united by an untainted business reputation and high European standards of construction and customer service. Discover extra information at property in Cyprus.
There is a search system available on every page of the web site. You can select the options that interest you (accommodation type, region, number of bedrooms, price range) and click on the option “Find”. You will be transferred to the general list of properties with brief descriptions of projects. Further, by clicking on the project number, you can see full information about it on a separate page. We will guide you through the purchase process if you answer a number of questions: What is the purpose of purchasing a property – permanent residence in Cyprus, holidaymaking or investment? What is the approximate budget allocated for your purchase?
In case you purchase a new immovable property then, as a rule, it still has no Title Deed. To date the process of issuing Title Deed for property is a prolonged bureaucratic procedure lasting 1-3 years. Nevertheless this very prolonged and thorough governmental inspection of validity of all the aspects related to construction makes Title Deed a document that irrevocably guarantees your ownership rights. Normally an application for obtaining a permit from the Council of Ministers is submitted right upon signing and depositing a contract of sale.
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.
According to official data from the Department of Lands and Geodesy of Cyprus, the real estate market on the island continues to show steady growth. In February 2023, the total number of transactions was registered, which increased by 8% compared to the previous year. This figure is the highest in the third month of winter since 2008. The most significant growth in property sales was recorded in Famagusta (45%), followed by Paphos (21%), Larnaca (18%) and Limassol (6%). In Limassol, most of the contracts were registered, which confirms the constant interest of buyers in this region. However, in the capital of the Republic of Nicosia, real estate sales fell by 18%. In the first two months of 2023, the total number of transactions was 2222, which is 17% more than in the same period last year. If you are looking for a property in Cyprus, our Cyprus Developers Alliance team is ready to assist you in finding and buying a home. We offer quality services and an individual approach to each client. Contact us today to start your property search in Cyprus today.
Cyprus is a European country on the one hand. There is democracy and order there. On the other hand the whole Cyprus life is wrapped around by the spirit of openness and lightness opposite to the heavy spirit of pedantry and life according to the rules. One of the reasons is surely small size of the country where people know one another. One can come to a bakery and, having forgotten to bring along money, ask to be allowed to take a loaf of bread and to bring the money later on. Cypriots are not xenophobes. In contrast to residents of many other countries Cypriots historically treat foreigners very well. Almost all the Cypriots speak English and at a high level at that. Cypriots gladly and willingly marry foreigners. See more information at cyprus-alliance.com.