The Cyprus property market has traditionally been a hot spot for British buyers. In recent years it has been a hot spot for the large Russian community living in Cyprus.
More recently has seen interest from Chinese buyers and investors . Whilst there are dangers in purchasing in Cyprus, these can be avoided and with some regulatory improvements Cyprus can return to being a safe property hot spot. Christofi Law can advise on how to purchase property in Cyprus based on British standards of investigation of title and contract which are much higher than those typically adopted locally in Cyprus.
“Suggestions to resolve the Title Deed-cum-fraud mess have been put forward by the troika in their draft memorandum to the government following a review of the Island’s economy published in July.”
Nigel Howarth, Cyprus Property News 19 September 2012.
Christofi Law can help avoid the pitfalls and pain suffered by many British buyers who opted to see out their retirement in the sunshine without first taking advice from independent lawyers. Christofi Law welcomes enquiries from British buyers, as well as Russian and Chinese buyers.