Buying property in Cyprus is a straightforward process, but it's important to understand the legal framework and requirements. **Legal Requirements:** - EU citizens can buy property freely - Non-EU citizens need permission from the Council of Ministers - Title deeds must be verified - Property taxes and fees apply **Financing Options:** - Local banks offer mortgages up to 70% LTV - Interest rates are competitive - Some developers offer payment plans **Key Steps:** 1. Find a property 2. Hire a lawyer 3. Conduct due diligence 4. Sign the contract 5. Transfer ownership This guide will walk you through each step in detail.
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