Real Estate Consulting - Buying or selling property in Cyprus
Buying or selling property in Cyprus can be tricky, troublesome and costly if one does not obtain the correct advice beforehand. Advice not only from a real estate expert but also from a tax expert.
If you are the seller, then we can assist you in calculating any capital gains tax arising from a potential sale and arrange that you obtain the relevant tax clearances so that the sake can be completed without delay.
If you are the purchaser, we could calculate the transfer fees you will incur upon transfer of the property in your name.
Most importantly though, we could get you in touch with our trusted associate lawyers who are expert in the field and can be involved in the preparation of the agreements, perform a search at the Land Registry Department (to confirm that the property you are interested in has no memos attached to it) and advise you on the process in order to avoid any unpleasant surprises.
Always remember that "prevention is better than cure" and prevention definitely costs less. Obtain proper advice from professionals before you do something, not after you have already done so.