Villa real estate experts Limassol with CDA group: Alliance members include large (working all over the island) and medium-sized (specializing in one region) developers. In addition to large and medium-sized players in Cyprus, there are also small developers – family companies, initially focused on the domestic market. They do a great job, both in design and quality, however in foreign markets nothing is known about them. For such companies, opening representation in other countries, participation in foreign exhibitions and events, arranging advertising campaigns and so on is too complex, both financially and organizationally. We would happily like to note that some family-owned developers have already been accepted into the Alliance and we are open to further work in this direction. Find even more info at property in Cyprus.
There is a search system available on every page of the web site. You can select the options that interest you (accommodation type, region, number of bedrooms, price range) and click on the option “Find”. You will be transferred to the general list of properties with brief descriptions of projects. Further, by clicking on the project number, you can see full information about it on a separate page. We will guide you through the purchase process if you answer a number of questions: What is the purpose of purchasing a property – permanent residence in Cyprus, holidaymaking or investment? What is the approximate budget allocated for your purchase?
Here is a typical example of how the Government of Cyprus has solved the issue of properties of Turkish Cypriots who used to reside in the Southern part of the island and abandoned their houses leaving for the Northern unrecognized part of the island after the conflict of 1974. Such properties are simply left as they were while the rights of their owners are preserved inviolable until now. We are proud of the way we have solved this complex issue.
The swiftness of documents circulation depends on a developer as well. The point is that while an interim answer from one of state departments is being made ready the developer can and shall prepare documents for submission to another department. Competent and responsible work of developers with governmental authorities in this matter is of great consequence. Apprehensions that the rights of property owners for which Title Deed is still pending are not properly protected in case of force majeure were expressed. In response to critical comments Cyprus government has made amendments to the legislation owing to which the rights of diligent property purchasers without a Title have become securely protected.
According to official data from the Department of Lands and Geodesy of Cyprus, the real estate market on the island continues to show steady growth. In February 2023, the total number of transactions was registered, which increased by 8% compared to the previous year. This figure is the highest in the third month of winter since 2008. The most significant growth in property sales was recorded in Famagusta (45%), followed by Paphos (21%), Larnaca (18%) and Limassol (6%). In Limassol, most of the contracts were registered, which confirms the constant interest of buyers in this region. However, in the capital of the Republic of Nicosia, real estate sales fell by 18%. In the first two months of 2023, the total number of transactions was 2222, which is 17% more than in the same period last year. If you are looking for a property in Cyprus, our Cyprus Developers Alliance team is ready to assist you in finding and buying a home. We offer quality services and an individual approach to each client. Contact us today to start your property search in Cyprus today.
Cyprus is a European country on the one hand. There is democracy and order there. On the other hand the whole Cyprus life is wrapped around by the spirit of openness and lightness opposite to the heavy spirit of pedantry and life according to the rules. One of the reasons is surely small size of the country where people know one another. One can come to a bakery and, having forgotten to bring along money, ask to be allowed to take a loaf of bread and to bring the money later on. Cypriots are not xenophobes. In contrast to residents of many other countries Cypriots historically treat foreigners very well. Almost all the Cypriots speak English and at a high level at that. Cypriots gladly and willingly marry foreigners. Find even more info on CDA group.