Ownership in Cyprus generally means freehold title-that is “owning property in perpetuity”. Transfer of ownership from vendors to purchaser is undertaken by a simple procedure through the Cyprus Land Registry Office, either by the buyer in person or by appointing a third party with a Power of Attorney. In the case of non-Cypriots, a prerequisite of registration is evidence that the buyer has obtained permission from the Council of Ministers. However, this permission is granted more or less as a matter of course to all bona fide purchasers and it especially hassle-free for all EU citizens.
Ten per cent. Additionally (and subject to these regulations) covered verandas and basements are not calculated in the building factor – i.e. a plot of 2000m2 can have a Villa of slightly more than 200m2 built on it.
There is a full 1-year construction guarantee, as it is the industry norm in Cyprus.
Yes, but this is an optional feature.
Yes. The Cyprus Telecommunication Authority (CYTA) offers telephone and fax installation and services. Broadband Internet access is available at the Resort and access can be secured through CYTA. Internet services are offered through CYTA and other private companies, including Spidernet, Logosnet, Avacom, Thunderworx, Netway and more.
Each property has at least one private parking space available.
Annual running costs vary, but as an example an owner of a Villa pays €1,500 per annum in community fees.
Land is allocated as follows:
VAT is applicable and currently the rate is at 19%. All our sales prices are quoted inclusive the VAT.
All payments are to be made in Euros and all foreign currency payments will be converted into Euro at the daily exchange rate.
Current Payment Terms are as follows:
Please note that the above payment terms may change at any time.
There is no necessity for a non-Cypriot owning real estate in Cyprus to hold a Permanent Residence Permit under the law. For EU citizens there are no restrictions. They just have to complete an application form at the Immigration Office for formality purposes and automatically they receive their Residence Permit. However, application for Permanent Residence for non-EU citizens is also easy to obtain once the applicant fulfills certain requirements. To apply for Permanent Residence, an application needs to be completed and proof should be provided that the applicants and their family are self-supporting. The following documents are needed to be supplied to the authorities.
The application for Permanent Residence can be made by visiting the local Immigration Office in the area of residence.
Cats and dogs are permitted to be brought into Cyprus provided a license has been obtained in advance from the Department of Veterinary Services in Nicosia. A period of six (6) months house quarantine may be imposed which, in some cases, may be executed at the owner’s premises.
Guide dogs are allowed in all areas. All other pets must be controlled by means of a leash and all mess created by the pet must be cleaned and disposed of by the owners. Pets are not allowed to enter the golf course at any time.
Cyprus has ideal weather with sunny days and warm temperatures almost every day of the year. The summers can get very hot, with temperatures reaching over 40 degrees Celsius.
In the event that the purchaser should wish to sell the property at some time in the future, Cyprus law permits the full amount paid for it in foreign currency to be remitted abroad at the time of the sale.
Aphrodite Hills is jointly managed by Aphrodite Services and Aphrodite Hills Property Management Ltd subsidiaries of Aphrodite Hills Resort Ltd, specifically set up for this purpose. Aphrodite Services caters for the Resort as a whole i.e. the maintenance of all common areas (including roads and landscaping), and the garbage collection and general cleaning of all public and common areas, security services etc. Aphrodite Hills Property Management Ltd caters for the provision of specialised services to real estate owners, such as, garden and pool maintenance, maid services, linen and laundry service, welcome food parcels etc. Please see our Property Management section for more information.
Property Management is available only to Aphrodite Hills real estate owners.
Yes, you can use Property Management services even though you have no contract with us. Please contact us for details.
Yes, Property Management can take delivery of furnishings provided we have a key for access to the property. We also need to have a list of what items will be delivered and from which company.