Thinking of buying property in Cyprus in 2025? Here’s your complete roadmap

Buying property in Cyprus remains one of the most attractive opportunities in the Mediterranean region. The island offers a balanced mix of lifestyle benefits, a stable Cyprus real estate market, and investor-friendly policies. Whether you are purchasing a holiday villa, making a Cyprus property investment, or securing commercial premises, understanding the correct legal and financial process is essential.

Explore our full range of global services

1. Verify property ownership and title

Start by confirming that the property has clear title deeds. This protects you from future disputes and ensures you are buying from the rightful owner. In some cases, the seller may still be in the process of obtaining deeds — a qualified lawyer can advise whether this is safe to proceed.

2. Engage a licensed real estate lawyer

Cyprus property law includes specific regulations for foreign buyers. A licensed lawyer will review contracts, check ownership history, and ensure all legal steps to buy property in Cyprus are correctly followed. They will also handle registration with the District Land Office.

3. Conduct due diligence on planning and zoning

Before committing to a property purchase in Cyprus, check that the property complies with local planning rules. This is crucial for new builds, renovations, or commercial spaces, as zoning restrictions may affect future usage.

4. Sign a reservation agreement and pay the deposit

Once terms are agreed, a reservation agreement is signed and a deposit is paid to take the property off the market. This is usually held in a client account managed by your lawyer, adding an extra layer of security.

5. Understand tax and transfer fees

Buyers in the Cyprus real estate market typically pay transfer fees, stamp duty, and sometimes VAT. While exact rates depend on the property’s value and type, budgeting for these costs early will help avoid surprises.

6. Open a local or multi-currency account

Having a bank account in Cyprus, or a trusted multi-currency account abroad, allows you to make payments in EUR without unnecessary conversion losses. This is especially useful for staged payments in property development projects.

7. Arrange secure payment routing

Large property transactions often require cross-border transfers. Using regulated payment channels ensures funds arrive on time and meet compliance standards. VelesClub Int., together with UNIBROKER, offers secure payment routing with documentation support, helping you navigate currency control and international banking requirements for your property purchase in Cyprus.

8. Register ownership with the Land Registry

After final payment, the property must be registered in your name at the Land Registry. This step confirms legal ownership and protects your rights in case of future disputes.

Common pitfalls to avoid

• Skipping due diligence: Always verify planning permissions and zoning rules before signing.
• Ignoring hidden costs: Account for taxes, legal fees, and possible renovation expenses.
• Unregulated transfers: Avoid sending large sums through unverified channels to reduce risk.

Why choose VelesClub Int. and UNIBROKER for your Cyprus property purchase?

Our combined expertise covers both the legal and financial sides of buying property in Cyprus. VelesClub Int. ensures smooth coordination with your real estate and legal team, while UNIBROKER provides secure, compliant payment solutions for international transfers. Together, we make your Cyprus property investment process safe, transparent, and efficient from start to finish.