Best Real Estate Lawyers in Cyprus

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Darivas Law Firm & Partners

Darivas Law Firm & Partners

Nicosia, Cyprus

Founded in 2007
14 people in their team
Greek
English
Konstantinos Darivas & Associates | Trusted Law Firm in Athens, GreeceAt Konstantinos Darivas & Associates, we are a dynamic Athens-based law firm offering high-level legal services across a wide range of practice areas. With decades of experience and a strong reputation in civil, criminal,...
Elias Neocleous & Co. LLC

Elias Neocleous & Co. LLC

Paphos, Cyprus

Founded in 2017
120 people in their team
English
Greek
We are the largest law firm in Cyprus by a considerable margin and are generally recognised as  leading law firm in the Southeast Europe. We have more than 140 fee-earners operating out of three offices in Cyprus and an international network of offices in the main destinations for investment...
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TEKCE VISA

TEKCE VISA

Kyrenia, Cyprus

Founded in 2019
25 people in their team
English
Turkish
Russian
German
Dutch
Swedish
Arabic
Persian
Chinese
French
Polish
Spanish
TEKCE VISA: International Legal Consultancy for Your New Life AbroadAt Tekce Visa, we understand that starting a new life abroad is more than just acquiring property—it's about building a new future. Our team of experienced lawyers provides comprehensive legal consultancy services, ensuring a...
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CTA LAW FIRM (C.T. Antoniou & Co. LLC)

CTA LAW FIRM (C.T. Antoniou & Co. LLC)

15 minutes Free Consultation
Nicosia, Cyprus

Founded in 2020
4 people in their team
English
Greek
CTA Law Firm is a boutique law firm regulated by Cyprus Bar Association. CTA Law Firm provides a wide range of legal services focusing on the Corporate Law, Real Estate Law and Financial Services. We preserve strong relationships with an international network of lawyers and offices, worldwide,...
Demetris Ch. Demetriades LLC

Demetris Ch. Demetriades LLC

Nicosia, Cyprus

Founded in 2016
5 people in their team
Greek
English
Demetris Ch. Demetriades LLC is a law firm based in Nicosia, Cyprus specialising in the areas of corporate & commercial transactions, Real estate, Wills & Estate, intellectual property, shipping, investments, immigration and Cyprus Citizenships and Residency.Our portfolio consists of...
Chambers & Co

Chambers & Co

1 hour Free Consultation
Limassol, Cyprus

Founded in 1996
8 people in their team
English
Greek
Chambers & Co  has grown rapidly since its inception in 1996 and is now one of the leading international law firms in Cyprus.The Firm’s policy is to deliver expert legal services in an environment that encourages professionalism, confidence and trust. We have built a...
Pericleous Michail LLC

Pericleous Michail LLC

30 minutes Free Consultation
Limassol, Cyprus

Founded in 2019
5 people in their team
English
Greek
Pericleous Michail LLC is a new generation of ambitious legal practitioners driven by the vision of reinstating transparency, stability and dependability in the lawyer-client relationship.Pericleous Michail LLC founding partners' diligent work ethic and relentless pursuit of excellence have earned...
Michalis C. Zambartas - Advocates, Legal & Tax Advisors

Michalis C. Zambartas - Advocates, Legal & Tax Advisors

30 minutes Free Consultation
Nicosia, Cyprus

Founded in 2014
5 people in their team
English
Greek
French
Turkish
We are a modern international practice located in a central business area of Nicosia. The members of our firm have a pedigree of working and leading the most prestigious firms in Cyprus.Our core practice areas are corporate/commercial law, corporate litigation, mergers and acquisitions, financial...
ASC Law Firm

ASC Law Firm

1 hour Free Consultation
Nicosia, Cyprus

Founded in 2012
4 people in their team
English
Greek
Polish
ASC Law Firm is a modern full-service commercial law firm which provides a broad spectrum of services – among them, Banking, Immigration, Corporate and Financial Services, Technology and Intellectual Property Law, assisting clients both at national and international level.Our Clientele ranges...
Michael Chambers & Co LLC

Michael Chambers & Co LLC

Limassol, Cyprus

Founded in 2011
11 people in their team
English
Greek
Michael Chambers and Co. LLC is a full service law firm located in Limassol with Cyprus and English lawyers offering a wide spectrum of expertise in an impressive variety of legal disciplines. The firm enjoys considerable success and develops an enviable reputation by pursuing a very simple goal...
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About Real Estate Law in Cyprus

Cyprus, an island nation in the eastern Mediterranean, is an attractive destination for both local and international real estate investors. Governed by a combination of European Union regulations and Cyprus’ domestic laws, the real estate sector in Cyprus benefits from transparency, legal certainty, and investor protection. The legal framework for property transactions in Cyprus is robust and designed to ensure that all parties involved—whether they are buying, selling, renting, or developing property—are protected under the law.

Cyprus' legal system for property transactions has evolved over many decades. Key laws include the **Immovable Property (Tenure, Registration, and Valuation) Law (Cap. 224)**, which governs the registration of properties and the establishment of legal rights to land. Additionally, the **Sale of Land Law (Cap. 232)** outlines the procedures for buying and selling land. With property laws aligned with EU standards, Cyprus also offers a safe environment for foreign investments. Foreign nationals can purchase property, subject to certain regulations that aim to ensure property rights are respected and investments remain secure.

For those seeking to invest in property, Cyprus provides various legal safeguards to ensure that the buying, selling, and leasing processes are conducted in a transparent and legally sound manner. It is essential to work with a qualified legal professional who is well-versed in these regulations, whether you are purchasing residential, commercial, or industrial property.

Why You May Need a Lawyer

Real estate transactions can be complex, particularly in foreign jurisdictions. In Cyprus, a lawyer can help navigate the various legalities of property ownership, ensuring all documents are in order and that you are compliant with local laws. Here are a few reasons why legal assistance is crucial:

  • Due Diligence: A lawyer can carry out the necessary due diligence, ensuring that the property has a clear title and is free from encumbrances such as mortgages or unpaid taxes.
  • Contract Review: Legal professionals ensure that sales contracts, lease agreements, and other related documents comply with Cypriot law, protecting you from potential disputes.
  • Foreign Investment Compliance: If you are a foreigner wishing to purchase property in Cyprus, a lawyer will guide you through the approval process with the Cypriot authorities, ensuring you meet the legal requirements.
  • Tax and VAT Guidance: A real estate lawyer will provide insights into applicable taxes, including VAT, stamp duty, and property transfer fees, and will help you understand the tax implications of owning and selling property.
  • Dispute Resolution: In case of disputes, your lawyer will be invaluable in resolving issues, whether through negotiation, mediation, or court proceedings.

Local Laws Overview

The legal framework governing real estate in Cyprus is a mix of local laws, common law, and EU directives. Key legislative measures that impact property transactions include:

  • Immovable Property (Tenure, Registration, and Valuation) Law (Cap. 224): This is the fundamental law for property registration and title deeds. It outlines the procedures for registering property, ensuring that ownership and transfers are officially recognized.
  • Sale of Land Law (Cap. 232): This law governs the sale and transfer of land in Cyprus. It specifies the procedures for drafting and registering contracts of sale and sets out the rights and responsibilities of buyers and sellers.
  • Town Planning Law: This law regulates zoning and land use, ensuring that property development complies with planning and environmental standards. It dictates how land can be developed and the types of properties that can be built in different areas.
  • Tax Laws: These include VAT, transfer fees, municipal taxes, and property tax laws. Notably, VAT is charged at 19% for new properties, but reduced rates may apply under certain conditions, such as first-time homebuyers.
  • Foreign Investment Regulations: Foreign nationals wishing to purchase property in Cyprus must apply to the **Council of Ministers** for approval. Residential property purchases by foreigners are allowed only in specific areas, and the process can be more involved for foreign investors looking to buy property for citizenship purposes through investment programs.

For full legal details, official regulations, and guidance, you can refer to the Cypriot government websites and authorities such as the **Cypriot Land Registry** and **Department of Lands and Surveys**.

Frequently Asked Questions

1. Can foreigners buy property in Cyprus?

Yes, foreign nationals can buy property in Cyprus, but they need approval from the **Council of Ministers** to purchase residential property. Foreigners are permitted to buy property in designated areas, and restrictions may apply for large-scale developments. Commercial properties do not have ownership restrictions for foreigners.

2. What is the process for registering property in Cyprus?

To register property, a contract of sale must be submitted to the **Land Registry** within 60 days. After this, the **title deed** is issued, confirming ownership. Your lawyer will assist with verifying the property's title and ensuring all necessary documents are filed properly with the Land Registry.

3. Do I need a lawyer to buy property in Cyprus?

While it's not a legal requirement to hire a lawyer when purchasing property in Cyprus, it is highly recommended. A lawyer will carry out the necessary checks to ensure that the property is legally sound, assist with drafting contracts, and guide you through the registration process.

4. What taxes do I need to pay when buying property in Cyprus?

Property buyers in Cyprus are subject to various taxes, including **stamp duty** (0.15% for properties under €5,000,000), **property transfer fees**, and **VAT** (typically 19%, though reduced rates may apply). Additionally, there may be **municipal taxes** and **capital gains tax** when selling property. It’s important to consult with a lawyer to understand all applicable taxes in detail.

5. Can I apply for Cypriot citizenship through property investment?

Yes, Cyprus offers a **Citizenship by Investment Program**. To qualify, you must invest in real estate valued at a minimum of €2 million. This program has specific criteria and conditions, which a lawyer can help you navigate.

6. How do I check if the property has any encumbrances or debts?

Your lawyer will conduct a **due diligence** check on the property to ensure there are no outstanding mortgages, unpaid taxes, or legal disputes. This will be done through the **Land Registry** and other official databases to confirm the legal status of the property.

7. What is the role of the Land Registry in Cyprus?

The **Land Registry** plays a crucial role in property transactions by recording all property transfers, issuing **title deeds**, and ensuring legal ownership of land. It is the official body that maintains a comprehensive record of all property transactions in Cyprus.

8. What happens if I have a property dispute?

If you are involved in a property dispute, you can seek resolution through the Cypriot courts or **alternative dispute resolution** (ADR) methods such as arbitration or mediation. Your lawyer will help you assess the best approach, whether through legal action or negotiation.

9. Can I lease property in Cyprus as a foreigner?

Yes, foreigners can lease property in Cyprus. There are no specific restrictions on leasing property, but agreements must be in writing and should be registered with the **Land Registry** if the lease exceeds one year. A lawyer can ensure that your lease agreement complies with Cypriot law.

10. What are the legal steps for selling property in Cyprus?

When selling property in Cyprus, the seller must ensure the **title deed** is clear and transfer the property legally to the buyer. This involves signing a contract of sale, registering it with the **Land Registry**, and paying any applicable taxes. A lawyer will help prepare and review the sale contract and guide you through the entire process.

Lawzana helps you find the best lawyers and law firms in Cyprus through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Real Estate, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Cyprus—quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.