Buying Property and Selling property in Cyprus
Your chance to grab a bargain Property in Cyprus
These days thousands of people are relocating to different countries or different regions within the same country, for reasons of work, business, finance, retirement and sometimes for a better life for their family. and a number of other reasons. There are also a number of ex-pats moving around the world at any given time. Our Property auctions in Cyprus play a significant part in bolstering the number of property sales in Cyprus.
Cyprus is a mix of sunny beaches and much tradition. Just like Persia and the Greek empire once fought for Cyprus in 400BC, not too long ago the Turks and Greeks were at loggerheads for it as well. For tourists, Cyprus is a haven of beautiful Mediterranean climate and traditional structures and monuments. There are fashionable spas whilst the culture of the land has not faded. Some popular locations to visit when touring Cyprus are the historical monuments and ruin. Salamis is one area you may visit. The archeological remains here date back to early 11th century BC, when it was an important link for trade routes of the Greek Empire, but the town itself dates way back into history. Ayia Napa district in Southeast Cyprus is a prime tourist spot. The beach resort is popular all over Europe for its beauty and its golden sands. Not only does the Ayia Napa resort attract almost 10,000 tourists every day, the local population of only 1000 is a friendly and very helpful. Key to nightlife that compliments the serene morning excavations to this breathtaking resort. A romantic break for couples and friends who are out for a great time amidst fresh blue waters, Ayia Napa is only one gem that Cyprus has to offer. The Mediterranean Cyprus climate is inviting all year round, although the tourist season is at its hight from June to August. If you prefer a budget vacation, Cyprus still can accommodate your needs if you visit before the summer heat peaks, or soon after.
Buying Property in Cyprus,
Whether buying at auction or any other method, can be very straight forward, but for the non natives there are details you should make yourself aware of. We suggest that you make no attempt at buying property in Cyprus without getting a solicitor.
When buying through this auction, you must use a solicitor, preferably one who will also set up your utility contracts as well, i.e. electricity, water etc. Your solicitor will also advise on Bank accounts and all other documentation which is necessary when buying property in Cyprus, whether buying through property auctions in Cyprus or Estate agents in Cyprus.
Selling Property in Cyprus.
When selling property in Cyprus, through this auction, all property owners must also use a solicitor, and must provide details of their solicitor to all bidders. This is to ensure that the timescale targets have the optimum chance of being achieved.
As an international on-line property auction, we cover the entire of the Cyprus property market, allowing those buying property in Cyprus, and those selling property in Cyprus to trade without the commissions generally charged by estate agents in Cyprus, and maximising your opportunities of selling property and buying property on the internet. Buying at auction is a great way to make equity from the beginning of your purchase. We also cover many other countries including the UK, Spain, Ireland, Bulgaria and Turkey, allowing us to capitalise on the ex-pats moving back and forth. We will be adding more countries very soon. Below are a number of points buyers should consider when buying property in Cyprus, whether via estate agents in Cyprus or buying at auction.
Finding property in Cyprus.
When buying property in Cyprus, you can look in estate agents windows, read local papers or you have the internet which is also an excellent research tool for finding property for sale in Cyprus, especially if you are buying at auction. It is thanks to the internet that we can cover every Turkish region with our auctions in Cyprus.
The internet is further reaching than local estate agents in Cyprus, and whilst your local estate agents will have a website, all their marketing is for their shop, not the website, therefore their websites are only ever found by people who know the address of that agent’s website. For this reason, vendors are well advised to proceed with selling property in Cyprus via both estate agents in Cyprus, and the internet if they are to optimise their chances not only of selling property, but of selling property at the best price... By selling property in our on-line property auctions in Cyprus, you will receive a range of bids which hopefully will be acceptable to you, but if not, it is always possible to negotiate a little from both buyer and seller to achieve a deal that everybody is happy with.
Viewing properties
Here are some useful tips to keep in mind when buying Property in Cyprus:
- View the property for sale in Cyprus as soon as possible. Leave it too long and you could miss out. Prepare a viewing checklist and take it to the viewing. Ask to see the deeds.
- When 2 of you are buying together, decide who will be the main viewer, and filter out all but the strongest properties.
- Don't be afraid to make several visits with tradesmen to find out what cost you could be in for. Remember if you are buying property in our on-line property auction you will need to get this done in time to bid before the auction close date.
- Check the history of any tatty, and therefore cheaper property for sale. If it's been rented it may have had several landlords, all of whom may have done the bare minimum in repair and maintenance.
- If you're tempted to buy a property to refurbish and sell on, check how long it's been on the market. If it's been for sale a long time, it suggests there isn't much profit to be made.
Making an offer:
If you really want to strike a great deal, you would always be better off checking this website, www.propertyforsalebyauction.com as it is the expectation and your offers will be taken far more seriously. The auction is not only for buying property in Cyprus, but also in the UK and many other countries.
If you’re not buying from our on-line property auction, it's still human nature to try to strike a deal when buying property, but if you find your ideal property for sale, and it seems to be priced correctly, consider offering the full asking price or something close. This suggests you will be taken seriously, there’ll be no time-wasting and it will minimise the possibility of someone else buying property, or gazumping you. Unfortunately, even in difficult markets gazumping can still happen when buying property in Cyprus.
Buyer Chains
With our on-line property auctions in Cyprus, there are no chains, so if you want a quick easy purchase of your chosen property for sale, where you can make your bid and win a bargain, try this property auction first to avoid the hassle of chains.
Many property chains collapse. This can happen for several reasons, from one party not having finances in order, to negative survey results, not necessarily on the property for sale you are buying, but on one further down the chain. This is also frustrating for estate agents in Cyprus, as they put in the same amount of work in a property for sale which collapses as they do with one which completes. Even estate agents utilise auctions in Cyprus sometimes.
Below we are providing information on towns and regions throughout Cyprus.
If you would like to write about your area, or an area you have visited and really liked, please drop us an email and we will include it in our area information pages, we will also add your name as Author if you wish. Please ensure that when writing you make reference to proximity of surrounding towns, villages, local attractions etc. Also transport and access to main routes, airports etc.
Thankyou in advance for anybody who is kind enough and has the time to help us build this guide to Cyprus. Please see our list below for information to help achieve a basic understanding of different areas should you be one of these people relocating to a new location. Just click on the links and it will take you to more localised information.
Just click on your chosen area. Sorry if we have not achieved any information for your area, we are constantly developing this and would welcome your input for any areas we do not already have completed.
Areas in Cyprus include:
Lefkosia Region, Lemesos Region, Larnaka Region, Pafos Region, Troodos Region, Ammochostos Region
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