Cyprus Mortgage
Cyprus mortgages are a popular option for those who invest in property in Cyprus and the Cyprus mortgage market currently offers non-residents a variety of options from Cyprus banks or foreign banks. When financing your buy in Cyprus, obtain up-to-date Cyprus mortgage information from your legal adviser.
The Cyprus mortgage market is well developed and Cyprus mortgages are generally readily available and linked to the Euribor interest rate. It is important to consult your lawyer for the latest information on Cyprus mortgages and up-to-date advice on current financing options when you buy property and land in Cyprus.
Cyprus Tax
Property investment in Cyprus involves a straightforward purchase process, very similar to that in the UK, although you should employ the services of an independent Cyprus lawyer. Expert legal advice will ensure you understand the law in Cyprus in terms of property investment and obtain the latest Cyprus tax information.
The law in Cyprus requires the payment of several property taxes when you invest in property, including transfer tax and stamp duty. There are very few restrictions on property ownership when you buy in Cyprus, but you should take expert advice on the law regarding buying in Cyprus. Download the Cyprus Property and Land Investment Guide.
