Real estate property agency Limassol in 2024: The CDA Group has been existing since 2009 and is one of the major players in the Cyprus real estate market. In 2010, we established Cyprus Developers Alliance, an entity that promotes and sells properties of the developers who are members of the Alliance. There are currently 43 developers within the Alliance and our portfolio comprises more than 9,000 properties from all the regions of Cyprus and market segments. After the sales volumes of our Alliance amounted to significant sums, we, having reliable and comprehensive information about the structure of supply and demand in the real estate market, the preferences of the buyers, as well as having amassed a vast experience, launched our own development projects. Find more details on villas for sale in Cyprus.
On your arrival you will meet one of directors or a manager of the Alliance. In course of communication your requirements will become more specific and will be more thoroughly discussed and opinions will be exchanged. Then the sales managers will show you those properties that have been discussed at previous stages. As a result of site visits you will meet our directors in order to summarize the impressions of the visits and outline a plan of further activities. Surely, sometimes our clients happen to find a house or an apartment they have long dreamed of on the pages of our web site. Then it would come to nothing more than viewing that property. Anyway once you finally fix upon this or that property(ies) and say: “This is it! I am buying this!” we will proceed to transaction execution.
In case you purchase a new immovable property then, as a rule, it still has no Title Deed. To date the process of issuing Title Deed for property is a prolonged bureaucratic procedure lasting 1-3 years. Nevertheless this very prolonged and thorough governmental inspection of validity of all the aspects related to construction makes Title Deed a document that irrevocably guarantees your ownership rights. Normally an application for obtaining a permit from the Council of Ministers is submitted right upon signing and depositing a contract of sale.
Despite the fact that foreigners have virtually a feel of being almost at home in hospitable Cyprus, one always wants to get a recommendation in matters like looking for a good doctor or a lawyer. All the more so that advertising of legal services is against the Law in Cyprus. In case you apply to us with a similar request we are willing to reference a law office, the competent and professional work of which we are well familiar with. We can also suggest that you observe recommendations by British High Commission (Consular Department of the British Embassy to Cyprus). Please, follow the link to contact them. Then you can download a list of lawyers* in various cities of Cyprus. You certainly have a perfect right to apply to any other lawyer or law office.
Cyprus banks offer quite loyal terms for obtaining a mortgage to property purchasers provided certain conditions are met. In recent years one of such conditions is that a borrower should have income in EUR, USD or in any other hard currency. The mortgage rate is usually 3.5%-4% per annum. The collateral to obtain mortgage for property acquisition in Cyprus is the very property to be purchased. To obtain mortgage you are definitely required to submit evidence of your ability to repay it to the banks.
The environmental conditions are as good as the climate. Cyprus population is only 1mln people. There are no large industrial enterprises, which could pollute the environment. Car park is modern and uses only petrol/diesel of European quality. Fourty nine Cyprus beaches, i.e. hundreds of kilometres of coast line have been awarded the international certificate of environmental friendliness “Blue Flag”. In Cyprus there is one of the lowest crime rate in the European Union. There are no places where it is not recommended to purchase property due to proximity to this or that problematic area. There are no steel entrance doors as a notion. Fencing height is limited to 1.2m. See additional information at https://cyprus-alliance.com/.