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Selling Real Estate in Cyprus: A Legal Guide for Greek and Cypriot Expats
???? H1: Selling Real Estate in Cyprus – Legal Support for Greek and Cypriot Expats
H2: Introduction – Can You Sell Property in Cyprus While Living Abroad?
Yes. Cyprus law allows foreign nationals and expats to sell their property with full legal validity even if they reside abroad. However, it is essential to follow the correct legal procedures, avoid delays, and ensure the transaction is protected.
Our law firm assists expats in the U.S. and worldwide by representing them through Power of Attorney, offering end-to-end support from listing to title transfer.
H2: Step-by-Step Legal Process for Selling Property in Cyprus
H3: 1. Property Valuation
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A real estate agent or valuer determines the market price.
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In some cases, you may need an official valuation for tax or legal purposes.
H3: 2. Drafting the Sale Agreement
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The agreement includes buyer/seller details, property description, and price.
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It must be signed and stamped for use in the Land Registry.
H3: 3. Clearance from Authorities
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Tax clearance certificate (Capital Gains Tax)
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Municipal and utility clearances
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Verification of legal ownership and absence of encumbrances
H3: 4. Title Deed Transfer
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The transaction is completed at the Land Registry
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Buyer pays transfer fees; seller receives the sale proceeds
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If using a Power of Attorney, our firm handles this in your absence
H2: Capital Gains Tax and Other Fees
Cyprus applies Capital Gains Tax (CGT) on profit from real estate sales, typically at 20%, with deductions allowed for:
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Original purchase price
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Inflation adjustment
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Improvements made
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Professional/legal expenses
Additionally, there may be stamp duty, local taxes, and legal fees.
H2: Can You Sell Without a Title Deed?
It depends.
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If the title deed is pending but the property is fully constructed, you may be able to sell by assigning the original sales contract.
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In such cases, legal protection is crucial.
We advise a full due diligence check before proceeding.
H2: Selling Inherited or Gifted Property
If you inherited the property, you must first complete the probate and registration process.
If the property was gifted to you, ensure it is properly recorded in the Land Registry.
Our firm handles all such scenarios and ensures legal compliance before the sale begins.
H2: Remote Representation – We Sell Property for You
You don’t need to fly to Cyprus to complete the sale. Through a notarized Power of Attorney, E. CHATZIDIMITRIOU LLC can:
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List and market the property
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Negotiate terms and review offers
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Draft, sign, and register the sale contract
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Complete the title transfer
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Deposit proceeds into your bank account or send them abroad
We act with full transparency and legal accountability.
???? H2: Contact E. CHATZIDIMITRIOU LLC – Sell Safely from Abroad
Whether you’re looking to sell an inherited house, a vacation home, or an investment property, we’re here to support your legal needs.
???? Website: www.hatzidimitriouvirtuallaw.com
???? Email: info@hatzidimitriouvirtuallaw.com
???? U.S. Contact: +13474034789
Sell your Cyprus property from abroad – legally, efficiently, and securely.