buying Archives - Financial Mirror

Buying older properties makes financial sense

Increasing construction costs, the limited supply of suitable units in residential or central areas, VAT, and the lack of title deeds have turned the market’s interest in acquiring older homes. In most

9th September 2023

Comment/Property

What to know before buying a property

There are three ways to buy immovable property in Cyprus: Purchase immovable property with immediate transfer of registration certificate (title deed). Purchase of immovable property through a Sale Contract (SLC). Purchase immovable

4th March 2023

Comment/Property

Quality scorecard for buying property

I am often asked, will adding quality to a project or property make it more valuable? This is not an easy question since it depends on what defines ‘quality’ and whether the

25th June 2022

Comment/Property

Selling a house is harder than buying one

Buying a property in Cyprus is not difficult due to the abundance of supply; selling your own property is more difficult since you have to compete against well-organised developers and agents. For

26th June 2021

Comment/Property

Size matters when buying an apartment

There is great confusion regarding the size of apartments and how this is measured in Cyprus. Each group or developer use their own methodology of calculation, so the unsuspecting buyer does not

3rd April 2021

Comment/Property