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HELP YOU?
For over 40 years, Aristo Developers has established itself as one of the largest leading and award winning Cyprus property developers.
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Buying Properties in Cyprus
Learn more about the buying process
Buying a property in Cyprus
The island of Cyprus has always been considered to be one of the top property destinations by foreign buyers. The continuing demand for property by foreigners is attributed to many factors, including the relatively low cost of living, the great weather, the high quality of life, the great landscapes & blue flag beaches. Cyprus is considered to be one of the safest and best relocation destinations in the world.
Invest with Aristo Developers
The leading property developer in Cyprus and with more than 265+ completed island-wide developments and 40+ developments currently in the market
We have one of the widest property portfolios in Cyprus in prime beachfront, seaside, city centre, golf resorts and countryside locations.
Contact us to find out more.
How can I contact you?
You may contact us via email at info@aristodevelopers.com or via freephone at 80002747
Is it necessary to have a lawyer in Cyprus for the purchase of property?
When is property VAT payable?
Am I allowed to sell the property I will buy in Cyprus and keep the proceeds?
Do I own the land as well when I buy a villa in Cyprus?
Can Aristo keep me updated regarding the progress?
May I do any upgrades, alterations on plans and add extras on my property?
What are the methods of payment?
Is it allowed to get a mortgage from a Cypriot bank for the purchase of a property in Cyprus?
Your 6 Step Process to Buying Property
.
STEP 1
Select Real Estate Investment
- Arrange a property viewing appointment with one of the company s experienced sales advisors and make your selection.
- Sign a reservation agreement, which shows your commitment to buy the property, and put down a small deposit so that your selected unit is removed from the market and kept under your name until the contract is drafted and signed.
STEP 2
Sign Contract & Submit Documents to Local Authorities
- Assign a Lawyer to assist with the due diligence of the property selected.
- Sign the Property Sales Contract and pay the corresponding downpayment amount stated in the agreement.
- After the funds are cleared in the company s account the Lawyer will have the contract stamped and registered by the Lands Registry Office to secure your ownership.
STEP 3
Reduce VAT Application if Applicable
The Lawyer will prepare an application for the reduced VAT rate of 5% where applicable.
STEP 4
Choose your Property's Finishes
In case the selected property is at its early stages of development you will be notified at a certain time to make your selection of finishing materials and fittings through an appointment with the company’s architectural department.
STEP 5
Payments and Property Delivery
- Stage payments to be followed as per the agreement until the delivery date of your unit as per the Property Sales Agreement.
- You will be notified at a certain time to visit Cyprus and arrange a “Come for Delivery” appointment with the Customers Service Department of the company.
- Any remaining amount should be paid prior to the appointment.
- Keys if your properties are handed to you.
- Electricity and Water connection on your name is arranged with the relevant Authorities.
STEP 6
Congratulations! Welcome to the family!
Congratulations on your Property purchase! You are now the owner of an Aristo Developers Property.
BOOK YOUR
APPOINTMENT
Get in touch with us today and book your appointment with our of our agents.
