Non-EU buying half of a plot
Posted: 18 Dec 2018 12:28
Hello. I am non-EU citizen but a resident of Cyprus for 5 years, looking to buy a certain house in Cyprus. It's built on a half of a plot, so the title deed is issued for the name of the owner and the share is 1/2 (there is 640 m^2 plot and the house is built on 320 m^2 part of it).
I was told I will have a problem with buying it because I am not a citizen so the owner has to convert the deed to first. Kindly confirm or deny, also the approximate time estimation to do it for him is very much appreciated. Thank you very much in advance!
I was told I will have a problem with buying it because I am not a citizen so the owner has to convert the deed to first. Kindly confirm or deny, also the approximate time estimation to do it for him is very much appreciated. Thank you very much in advance!