Editor Teams
The North Cyprus government has recently expanded efforts to make purchasing Cyprus properties for sale in North Cyprus easier for foreign nationals. Because North Cyprus has a Turkish governmental system, the purchase of properties in this region has involved many strict regulations and government red tape that can require many months and even years to purchase property. With this effort, the government of North Cyprus is going to lay the groundwork to make purchasing property in any part of Cyprus seamless.
When looking at Cyprus properties for sale, it is important to obtain a real estate agent that is very familiar with the region that you are considering. If you are considering Cyprus properties for sale in the North, you will want to employ a real estate agent whose specialty is acquiring and negotiating property sales in that region.
In Cyprus real estate agents take on many of the roles that lawyers, brokers, and others assume in other countries. The real estate agent will give legal advice, work with the government on taxes and levies, and work with the bank on your home loan. In addition the real estate agent also works with you to make sure that you receive a residence visa prior to purchasing your home. It is important therefore that you find an agent that you feel will best meet your needs. One way to do this is to talk to expats who have purchased homes in Cyprus and ask for referrals.
While the price of Cyprus properties for sale did not rise as rapidly as housing markets in other countries prior to the economic downturn, the prices are not dropping as dramatically as in other countries as well. It is important to note that when purchasing a home in Cyprus there are many taxes and levies included in the purchase of your home that you may not be aware of. It is very important that you work closely with your real estate agent and ascertain exactly how much the total of your home will be following the inclusion of taxes and other charges. There are also some ongoing charges included that will need to be included in your annual budget.
The Island of Cyprus offers beautiful landscapes surrounded by a blue and serene sea. Most of the homes on Cyprus date back several years and you will want to be sure to check the structural soundness of your home before you purchase it if you wish to expand the house. Another important factor to consider when looking at Cyprus properties for sale is that there are plenty of windows in the house that allow the sea breeze to flow through the home as well as verandas which will allow you to enjoy the ocean views and landscapes that will surround you.
