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Who we are Here at Cyprus 4 Properties, a group with vast experience and integrity, we fully understand the inherent problems associated with property purchase, together with the individual's requirement and personal preferences. Based upon our more than 20 years of experience, we know just the right location in which to purchase property. This means that your investment is not only protected, but should you decide to sell in the future, profitability is insured. Why use Cyprus 4 Properties?
Customer Oriented – Our experienced & professional consultants offer clients valuable advice for the purchase and sale of properties. Services are free and include; pick-up and tour of properties with no obligation to buy, consultation, assistance with legal services during the purchasing process, after sales support and much more. Largest Selection of Cyprus Properties – We offer thousands of quality & inexpensive properties carefully selected by us to meet each individual's requirement and personal preferences thus enabling our customers to save time and money.
www.cyprus4properties.com - A full-service portal, offering the largest, most interactive and user friendly online property directory for Cyprus. After Sales Support – Your complete satisfaction is our business, and for the prospective buyer we offer both legal and financial advice regarding all aspects of property ownership in Cyprus. Once entirely satisfied with your future and guarantied investment, we are able to offer you a full range of services including furnishing your property at factory prices, taking care of it during your absence from Cyprus and much more. Testimonials
Me & my wife would like to thank you for all you have done for us. Buying our house through you was easier than buying in our own country. Feel free to visit us when you are in the neighborhood. Trevor
Dear Marinos, We are back to London and routine will start from tomorrow. I just wanted to drop a quick e-mail to thank you. You’ve been very helpful all the way and we really appreciate that. Take care of our flat and we meet again this summer. Many thanks, Sarah Goudy
Dear Ioakim, Many thanks for your services. I still can’t believe that we were able to purchase this apartment and receive 9% return each year from rentals. I am interested in purchasing more investment properties. Please keep me updated on any new developments within our price range. Regards, John Cumming Special offers 1. Up to 10% annual return! - Buy an investment property through us and depending on rental capacity we will guarantee 5-10% return, with a legal contract & advance payment every year! 2. FREE, all-expense paid trip to Cyprus! - Buy a property up to £100,000 and get free accommodation for a week - Bonus £350. For a property of over £100,000 you will also get a free round trip ticket to Cyprus (up to £250) - Bonus £600 Why Cyprus Location & CULTURE - Cyprus, is the 3rd largest Mediterranean island - covering 9,251 square kilometers, with a population of approximately 700,000. Being at the cross-roads of 3 continents - Europe, Asia and Africa - it has one of the oldest histories of the world, dating back 9000 years. All major regional civilizations left their mark on the island, contributing to the development of a very rich and diverse cultural heritage. INFRASTRUCTURE & COMMUNICATIONS - The island is served by approximately 30 major airlines, through its international airports at Larnaca and Paphos. Driving is on the left in and distances between towns are relatively short, covered by a good network of modern roads. Cyprus telecommunications are among the best in the world - an important factor in establishing the island as an offshore business centre.
Weather - Excellent weather with 340 days of sunshine HOSPITALITY & CRIME RATE – Local hospitality makes foreigners feel like home. Furthermore, Cyprus enjoys a remarkably low crime rate,1/6 of the European average. GOVERNMENT & EU - Cyprus is an independent sovereign republic with a presidential system of government. Its fully democratic system retains the respect of individual rights and encourages private initiative. Joining the EU in May 2004 will bring Cyprus all related benefits, as well as an increased demand for properties from EU citizens. TAXES & COST OF LIVING - The relatively low taxation & cost of living in Cyprus has an added appeal for the potential buyer, offering a full, but comparatively inexpensive lifestyle. BANKING & LAW - Banking & law practice, the range of services offered and the methods of management and control closely follow the British pattern. EDUCATION & LANGUAGE - There are high standard schools catering for English, French and Italian speaking pupils. Greek is the mother tongue, however English is readily spoken and understood almost everywhere. Most Cypriots also speak several other languages like German, Russian, French, etc. PETS – Pets are permitted to be brought into Cyprus provided a license has been obtained in advance. Legal issues & Costs BUYING PROPERTY IN CYPRUS - The logistics of property purchase by foreigners are relatively simple & easy. Transfer of ownership is accomplished by a simple procedure through the Land Registry Office, either by the buyer or by appointed third party with a Power of Attorney.
TAXES & FEES - Upon transfer of the property to purchaser’s name Transfer Fees are due, which are based on the market value of the property at the time of purchase (Up to £50.000 - 3%, £50.001-100,000 – 5%, over £100.001 – 8%). The annual ownership tax is approximately £60-120 (depending on value) per year, and the Capital Gains Tax is 20% on profit (first £10,000 exempt). LEGAL SAFEGUARDS FOR FOREIGN INVESTORS - Contrary to the risks inherent in the purchase of property in some countries, Cyprus has never been involved in the nationalization of any sector of the economy, nor in the expropriation of property owned by foreigners. TAX PRIVILEGES - Personal effects, household goods, furniture & cars can be imported duty free by immigrant retirees. Useful Tips
Cyprus & EU – By joining EU most restrictions to foreigner buyers will be lifted. This will increase demand by 50-100% which will generate an increase in both sale & rental prices. Middlemen & Estate Agents – Always buy from a registered estate agent since buying from other middlemen you still pay a commission but you are not covered if any problems will arise in the future. Checkpoints when buying Land: 1. Location / 2. Building density (sq.m you can built) / 3. Usage permission / 4. Height & Stories allowed / 5. Site Coverage (% of occupancy by building) / 6. Building restrictions (antiquities, seashore, e.t.c) / 7. Infrastructure costs (electricity, water, roads, etc) Checkpoints when buying a House / Apartment : 1. Location / 2. Facilities provided (c/h, a/c, e.t.c) / 3. Quality of construction / 4. Reliability of seller / 5. After sales support / 6. Cancellation fees (selling a new property before receiving the title deed you have to pay a big cancellation fee to the developer. Try to minimize or eliminate this from the beginning) / 7. Specific performance (if you don’t register your buying contract within 60 days the developer could mortgage your property) / 8. Extra Costs (Extras not included in the selling price could increase the price up to 50% or more). Current price Vs Selling potential: Very important to consider, since at some point you might want to sell your property. Buying cheap does not always mean a good investment. FINANCING & Currency Exchange FACILITIES – This could make a significant difference on the final cost. C4P offers various long term payment schemes at favorable terms to assist its purchasers. Furthermore, Currency Exchange assistance is also available at the lowest cost. C4P’s professional & experience consultants will guide you through the process in order to avoid all the traps before and after property purchase. |
