Cyprus has established as an international economical and commercial center.
Cyprus is in Southeast of Mediterranean Sea at the crossing of Europe, Asia and Africa. It has the best weather with about 330 sunny days in a year and somebody can enjoy them with safety and hospitality.

According the Cyprus government law, any foreign person or company has the right to buy in Cyprus an apartment - a house or a plot of land, up to 3 000 square meters with title deed.

Title deed is the certificate that mention in details all the elements of any property, and the name of the owner.

The title deed of the property can be transfer on the name of any person, or any oversea company considering that:

From the moment the applicant is a good character person and can presents economical receipts of his economical situation all the other demands are without meaning. The application all the other demands are without meaning. The application at the council of ministers is a routine matter, and it usually takes from 3 months up 1 year for the approval.

WAY OF PAYMENT

The company P.YIATROS GROUP OF COMPANIES can offer to the buyer besides the best prices and flexible payment terms, the opportunity of exchange his apartment at any moment with a bigger one or a house or a villa. The company will take back the first one nearly the same price, as it was the purchasing price. If the buyer wants, he can pay only the 20% of the selling price of the property and he has the right, according the Banking Law, to take the rest 80% from the Bank, if the Bank approves the loan and can pay monthly installments for 3 - 8 years with nominal interest at 8.5% per year. For the procedure i.e. for applications - for visa - at Land Registry Office - banks - lawyers - children's schools - purchase of duty - duty free car - furniture - electrical household equipment and generally for all the needs of the buyer, the company can help with a reliable person as a translator.

1. The property he wants to buy has to be registered salesman name. As soon as the Buyer has the title deed in his name he automatically has the right to sale or mortgages the property at any bank in order to get a loan. In a case of death no one has the right to claim the property except from his heirs and when they prove their relation to him, automatically they have right to sell it to their names.
2. All the money for the purchase of the property has to be declared at the airport, or to be sent through the bank, to be able to take them out of Cyprus any time he wants without any difficulty.
3. He has to buy property in a commercial area in order to sell it easy and quickly if he decide to sell it in the future.
4. He must be very carefully from which company will buy. The company must have the experience, the security and the service, as well as the necessary permission to build. A serious company won't risk the good name, and reputation for a questionable sale.
5. Deposit of contract. When the client sign the contract and pay the first installment in order to be sure that he will get the necessary permission from the Government, he has to deposit the contract of sale to the Land Registry Office, "Governments Office", and doing that he will be sure that the property belongs to him and the salesman can" t sell it to someone else again. This proceeding takes more or less one hour and only when the buyer pays 1.5% (for every 10 000.00$ he pays 15.00$). As soon as he gets the approval from the state will go to the property is fully paid, and there the property can be transfer to his name or to any person or company he wishes to. The Buyer does not pay tax to the state if the value of the property does not exceed the sum of 100 000.00£. If the worth price is more, then the buyer will pay 1.5% on the amount that exceed the sum of 100 000.00£. The buyer has to know that during the transfer of the property to his name will pay only once for the rights on the Market Symbol. The Buyer can at any time he wishes to sell the property legally and take his money out of Cyprus with his profit or remain in Cyprus.