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Buying land - as a foreigner

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Buying land - as a foreigner

Postby ProSpectre » Sat Aug 27, 2011 10:11 pm

Is it possible to buy land on this beautiful island, as a foreigner? If so are there any things that I need to know? Or do you have to be a resident?

Maybe one could tell me where I can find information about this topic.

Thanks.

Manuel
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Re: Buying land - as a foreigner

Postby B25 » Sun Aug 28, 2011 8:43 am

If you are non-EU you can purchase 1 plot of max 4014m2 to builod a single house.

If you wish to buy more you may set up a holding company with a cypriot partner and buy as much as you like.
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Re: Buying land - as a foreigner

Postby ProSpectre » Mon Aug 29, 2011 7:44 am

Ok so I'm a EU citizen. Does that mean I can buy as much land as I want without setting up such company? Is there a legal department I can or have to talk to about this?
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Re: Buying land - as a foreigner

Postby B25 » Mon Aug 29, 2011 7:55 am

ProSpectre wrote:Ok so I'm a EU citizen. Does that mean I can buy as much land as I want without setting up such company? Is there a legal department I can or have to talk to about this?


EU can buy what you want, no need for companys etc etc.

Buy away.
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Re: Buying land - as a foreigner

Postby Jerry » Mon Aug 29, 2011 11:57 am

ProSpectre wrote:Is it possible to buy land on this beautiful island, as a foreigner? If so are there any things that I need to know? Or do you have to be a resident?

Maybe one could tell me where I can find information about this topic.

Thanks.

Manuel


This bloke knows all about property in Cyprus, http://www.cyprus-property-buyers.com/intro/about.htm
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