Essential due diligence for buying property in Cyprus

[Nigel Howarth]

Carrying out comprehensive due diligence before signing a sale agreement is essential to safeguard your investment, avoid legal complications, and ensure peace of mind.

Risks when buying property in Cyprus

While Cyprus presents good opportunities, buyers should remain cautious. Some of the most common risks include:

Title Deed issues: Delays or complications in securing full ownership rights are relatively common. Without clean Title Deeds, you may never become the legal owner of the property.

Hidden liabilities: Properties can carry debts, mortgages, or unresolved legal disputes that may prevent/delay transfer of the property to its purchase.

Unauthorised Construction: Planning violations can prevent Title Deeds from being issued or being ‘marked’ in such a way that prevents their subsequent sale until the planning violations have been corrected.

Market Fluctuations: Overdevelopment and commercial developments in certain regions may affect long-term returns.
Without careful checks and professional support, buyers risk financial loss, legal entanglements, or purchasing a property they cannot legally own.

Please see my comprehensive guide to carrying out due diligence when buying property in Cyprus.