Directory Image
This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Privacy Policy.

6 Things to Consider While Looking for Luxury Properties in Cyprus

Author: Michael Kelly
by Michael Kelly
Posted: Jan 03, 2021
luxury properties

Buying a luxury property in Cyprus is a great decision in itself. The weather there is excellent and you can enjoy a laid back lifestyle at low cost of living. There is plenty of fresh air with less crowd, low pollution levels, and low crime rates.

Whether you are going in for a new condo or high-end home, you are going to find a plethora of choices in Cyprus. However, there are a lot of things you need to keep in mind while looking for luxury properties in Cyprus. Here are a few:

Understand the Search Process

You may not find too many luxury properties listed on the usual real estate websites you browse through. You will have to go through your realtor’s personal connections if you want to go for a luxury home. Most luxury property owners would like to keep their listings private.

Make it a Point to Visit the Property

Photos don’t always do justice to large homes. Not many luxury properties are photogenic that way. Unless you see them in person you won’t be able to appreciate them. So dismissing properties based on their front elevation pictures may not be right. Do a search on Google Earth and see what is around the home before you make your decision.

Look For a Local Real Estate Expert

Getting in touch with a good local realtor is very important if you want to purchase one of the best luxury properties in Cyprus. They will have better access to high-end properties in the area and through them it becomes easier for you to get appointments to see these properties.

Get Prepared With the Documentation

Getting into the high-end market today is not as easy as what it used to be. You will need solid financial documentation to prove to the bank that you have the required income to pay back the loan. Take assistance of a professional accountant or your manager to make sure you get your pre-approval and pre-qualification letters.

Make Sure You Get the Title Insurance

Getting title insurance is very important if you don’t want to get into any problems in the future. Read through the document carefully and take a look at the exceptions page before closing the deal.

Negotiate as Much as you can

Do a research on the comparable properties that have been recently sold in the area and get their closing prices before making an offer. Take into account every aspect of the property you are buying and gather some points that you can use for negotiation. Take assistance from your real estate agent or a professional real estate advisor. The listed price is not always the final price of the property. There will always be room for negotiation.

You will also want to do some research about the future value of the property before you buy a luxury home in Cyprus. See what buildings are planned around your property and when the construction is going to begin. If you are buying a home in a cooperative or a condominium you might want to get in touch with an attorney to find out the financial viability of the building.

About the Author

Michael Kelly is a Freelancer Writer, Entrepreneur and passionate blogger. A writer by day and a reader by night.

Rate this Article
Leave a Comment
Author Thumbnail
I Agree:
Comment 
Pictures
  • Guest  -  6 months ago

    hcq online sale hydroxychloroquine 200 mg price

  • Guest  -  6 months ago

    Make money trading opions. The minimum deposit is 10$. Learn how to trade correctly. How to earn from $50 to $10000 a day. The more you earn, the more profit we get. Binary option

  • Guest  -  7 months ago

    order modafinil 100mg

  • Guest  -  7 months ago

    provigil 200mg without prescription modafinil oral modafinil 100mg cheap

  • Guest  -  7 months ago

    modafinil 100mg price oral modafinil modafinil 100mg tablet

  • Guest  -  7 months ago

    modafinil 200mg canada modafinil over the counter

  • Guest  -  7 months ago

    cost provigil 100mg modafinil 100mg price

  • Guest  -  7 months ago

    buy provigil 200mg online modafinil for sale

  • Guest  -  7 months ago

    order provigil 100mg pill

  • Guest  -  7 months ago

    order provigil sale cheap provigil

  • Guest  -  7 months ago

    generic provigil 200mg provigil tablet order modafinil 200mg online

  • Guest  -  7 months ago

    brand modafinil modafinil us

  • Guest  -  7 months ago

    order provigil 200mg sale buy modafinil 200mg online

  • Guest  -  7 months ago

    buy generic cialis online with mastercard tadalafil liquid

  • Guest  -  7 months ago

    tadalafil online with out prescription where to buy tadalafil on line

  • Guest  -  7 months ago

    cost of cialis buy generic cialis online with mastercard

  • Guest  -  7 months ago

    side effects for tadalafil cost tadalafil generic

  • Guest  -  7 months ago

    tadalafil brands buy cialis

  • Guest  -  7 months ago

    tadalafil online generic cialis online fast shipping

  • Guest  -  7 months ago

    prescription tadalafil online cialis at canadian pharmacy

Author: Michael Kelly
Professional Member

Michael Kelly

Member since: Oct 03, 2019
Published articles: 66

Related Articles