TOP 10 PITFALLS TO AVOID WHEN BUYING PROPERTY IN CYPRUS

Pitfall 1 – Not appointing a property specialize lawyer

Pitfall 2 – Choose a licensed reputable agent

Pitfall 3 – Ensure that the property is not the subject of an ownership dispute

Pitfall 4 – Failing to consider all the relevant costs

Pitfall 5 – Handing over a reservation fee without written reservation terms

Pitfall 6 – Signing a contract of sale without due diligence having been undertaken

Pitfall 7 – Failing to get everything in writing

Pitfall 8 – Failing to stamp and deposit the contract of sale

Pitfall 9 – Rushing in

Pitfall 10 – Failing to make a Cyprus Will