If you want to buy real estate in Larnaca, there are plenty of properties to choose from. However, selection is the simplest stage, but there are various aspects to consider before making the purchase. You can rely on our real estate lawyers in Larnaca, Cyprus for support in all the stages of the acquisition. They are presented below.
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Services provided by our real estate lawyers in Larnaca
Here are the main solutions our dedicated lawyers can provide you:
- we can complete various checks;
- we will also handle the real estate due diligence process;
- we can draft the sale-purchase agreement and its registration with the Larnaca Land Office;
- we can also handle the property delivery process.
In addition to these standard services, our lawyers in Cyprus can also help you find tenants and draft the rental agreement if that is why you intend to buy the property.
Property checks in Larnaca, Cyprus
There are various verifications to complete before buying a property in Cyprus, no matter the city in which it is located. For example, prices can vary based on several aspects. Some of the most important are:
- type of property;
- area in which it is located;
- if it is furnished or not;
- its facilities;
- closeness to various points of interest.
Our real estate lawyers in Larnaca, Cyprus can explain to you how to find the best offer based on the indicators above for both residential and commercial units. Our checks imply verifying the prices in the last months and comparing them in order to help you find the property you want within the budget you have set.
Developer verifications in Larnaca, Cyprus
Many clients are interested in newly-built properties as they come with modern facilities and are energy-efficient. For this purpose, checking the developing company is quite important.
Our law firm in Cyprus can perform the necessary due diligence with respect to the developer you choose to work with. Our checks can imply:
- its financial solvency and seriousness related to the completion of the projects;
- if there are any complaints from other buyers;
- if the land plot on which the property is built meets all the legal requirements and is not subject to any legal charges.
Our real estate lawyers in Larnaca, Cyprus can perform these checks for both Cypriot nationals and foreign citizens interested in buying vacation homes in this great tourism destination. On behalf of our foreign clients, we can also assist with obtaining property acquisition permission from the local Land Department.
Real estate acquisition process
Buying a property in Larnaca implies completing several steps. So, after the entire due diligence, you will need to:
- sign a pre-sale agreement with the seller;
- make an advance payment to retain the property;
- make a notary appointment where the sale-purchase document will be signed and the transfer of the property will be completed.
Our Cypriot lawyers can help you skip one or more of these steps through a power of attorney which grants them the right to represent you. This will prove quite useful if you are a foreign citizen or even if you live in another city than Larnaca and want to save time.
Median property prices in Larnaca
According to data gathered by a price aggregator, the median property prices for February 2025 were:
- EUR 2,966 per square meter for an apartment in the central area of the city;
- EUR 2,182 per square meter for a property outside the city center.
Our lawyers are at the service of clients with assistance in other matters as well, including marriage registration in Cyprus.
Feel free to contact our real estate lawyers in Larnaca and discover how we can help you.