Snagging List in Cyprus: how to ensure your new building is spotless

Buying a home is always a joyous occasion, and a new-build property in Cyprus is a special one. Modern architecture, sea views, new engineering systems and the opportunity to move straight in look very tempting. However, even a new-build property may not be perfect. Very often in the projects can be found minor, or even serious defects. To protect your own interests, as well as to make sure that the builder has performed all the work properly, perform Snagging List Cyprus.

Snagging List – what is it?

The Snagging List is an official list of all the faults and defects found in a new property after construction has been completed. But it is compiled before signing the acceptance certificate or immediately after it. These can be both minor defects and serious deviations from the design or quality standards. The list of defects of new buildings in Cyprus usually includes the presence of:

  • cracks in the walls or ceiling;
  • uneven flooring or tiles;
  • poorly installed windows or doors;
  • plumbing leaks and defects;
  • electrical problems;
  • chips, stains, outlets that don’t work;
  • lack of finishes in promised areas;
  • errors in the installation of kitchen equipment and furniture.

Such defects seem insignificant, but after signing the final documents, their correction will fall on the buyer, not the developer.

How do you make a Snagging List Cyprus?

The snagging list is drawn up by a professional. This can be an engineer, an architect or a qualified inspector independent of the builder. The process is as follows:

  1. Visual and instrumental inspection of the property. The inspector examines every inch of the premises, from the foundation to the roof. He checks all technical elements, finishes, built-in furniture, plumbing, windows, doors and engineering systems.
  2. Fixing of all defects and deviations. Each defect is recorded in a table. The exact location, description of the problem, level of urgency, possible solution are also indicated.
  3. Formation of the report. The results of the inspection are formalized in the form of a document, Snagging Report. It indicates a complete list of all deficiencies and the terms of their execution, attach photos and schemes, recommendations for elimination.
  4. Forwarding the report to the builder. The report is sent to the construction company with a requirement to remove defects within an agreed timeframe. This usually happens before the keys are officially handed over or full payment is made.

It is best to draw up a list of defects in a new building in Cyprus before the acceptance certificate is signed. In this case, the buyer has legal grounds to demand the removal of all defects without incurring additional costs.

As with the technical inspection, it is important that the list is compiled by an independent expert, not a representative of the developer. Only in this case you can talk about real objectivity and protection of your interests.

Hinode provides a professional service of Snagging List in Cyprus for apartments, villas and townhouses in any area of the island. We will help you to get quality housing that meets the developer’s promises – without hidden problems and unpleasant surprises.

The importance and process of real estate inspection

Buying real estate is a big decision, especially when it comes to an overseas transaction. Cyprus attracts investors and movers due to its infrastructure, climate and stability. However, behind the external attractiveness of a house by the sea, can hide defects in the property, which will be costly if they are not detected in time. Therefore, property inspection Cyprus is not an optional extra, but a mandatory step for every responsible buyer.

Why do I need a property inspection?

Many properties in Cyprus look attractive from the outside: white-washed facades, terraces overlooking the sea, well-maintained swimming pools. But aesthetics can hide technical and structural problems. Checking the house before buying in Cyprus allows you to detect the presence of:

  • cracks in load-bearing structures;
  • traces of moisture and fungus in the walls;
  • outdated electrical systems;
  • poorly installed windows and doors;
  • problems with roofing and drainage;
  • violations in the construction of the foundation.

Such defects in Cyprus real estate are not just cosmetic. In the future they can cause dangerous consequences. It is especially important to check the property if the purchase is made remotely or through a trusted person. The inspection helps to make an informed decision, whether to request repairs at the expense of the seller or to refuse the transaction.

How the inspection goes: the main stages

The inspection of a house before buying in Cyprus consists of several stages. First of all, it is necessary to choose a specialist. The inspection is carried out by a licensed building engineer or an independent expert. The specialist must be an accredited member of the Cyprus Scientific and Technical Chamber (ETEC).

The expert then travels to the site and conducts a detailed visual and technical assessment of the condition of the property. The inspection may take from 1 to 4 hours depending on the size of the house and the presence of additional buildings. During the inspection they check:

  • condition of walls, floors and foundations;
  • tightness of windows and doors;
  • roofing system and water drainage;
  • electrical wiring and plumbing;
  • ventilation, mold and dampness;
  • technical condition of appliances.

Each identified deviation is recorded and categorized by risk level: cosmetic defect, structural damage, potential danger. Particular attention is paid to the technical condition of the property in Cyprus, as moisture and soil salinity problems are common in some areas of the island. At the end of the inspection, an official report is prepared by the inspector. It can be used to negotiate with the seller, to obtain a discount or even to cancel the transaction without penalty (if so stipulated in the contract).

A property inspection in Cyprus is not a formality, but an important tool for making an intelligent decision. When buying a villa by the sea or an apartment in the center of Paphos, a technical condition check will save you from unexpected costs, legal problems and headaches after moving.

If you are considering a purchase, planning to invest or relocate, be sure to include a building survey in Cyprus in the process. It is a sensible step towards a safe and successful transaction. Hinode offers professional real estate inspection services, full legal transaction support and support at every stage of the purchase. We work only with licensed experts and guarantee transparency, reliability and a personalized approach.

Why independent inspection of real estate is mandatory in Cyprus

Buying real estate abroad is undoubtedly an important event. Cyprus with its mild climate, seaside and stable economy has long been among the priority destinations for investors. It is also chosen by emigrants and families looking for a second residence. More and more buyers are encountering unexpected problems after moving in or finalizing a deal. The main reason is the lack of a full inspection of real estate in Cyprus before purchase. It is important to understand why an independent inspection of the property before the transaction is a necessity and what property inspection Cyprus benefits will be provided to the buyer.

What are the risks of buying without an inspection?

Many properties in Cyprus look visually presentable. But despite the fresh finish and well-maintained facade, they can hide serious technical and structural defects. They are represented by:

  • cracks in load-bearing walls and foundations;
  • leaks in the roof and walls;
  • hidden mold and mildew due to problems with ventilation;
  • defects in electrical wiring and plumbing;
  • unauthorized redevelopment;
  • non-working engineering systems.

At the stage of signing the contract, many buyers, especially foreigners, rely on realtors or the external picture. No real estate agency is not obliged, and not interested in reporting all the defects. The seller’s job is to sell, and yours is to protect yourself as a buyer. Independent inspection of real estate in Cyprus is necessary to protect the buyer. It is carried out by an accredited engineer who is not connected to the seller.

What is checked during an independent inspection?

In the process of professional technical inspection, construction, engineering and operational parameters of the object are checked. The specialist pays attention to:

  • general condition of the structures (foundation, walls, roof);
  • cracks, shrinkage, deformations;
  • condition of the roof and drainage system;
  • engineering communications (water, electricity, heating);
  • level of humidity in the premises;
  • assessment of ventilation and thermal insulation;
  • compliance with building codes and permits.

As a result, the inspector provides a technical report that describes all the identified deficiencies, attaches photos, gives recommendations for elimination, and in some cases – even the approximate cost of repair. This document has legal force and can be used in the revision of the terms of the transaction.

It is especially important to perform an inspection when buying secondary real estate. Most problems are associated with outdated communications, hidden cracks and violations during repairs. Properties located near the sea can deteriorate due to high humidity and salty air.

When should I order a site inspection?

The best time to contact an engineer is before a preliminary contract is signed or a deposit is paid. This will enable you to make a decision based on facts, not emotions. By ordering an inspection in advance, the buyer will be able to:

  • avoid buying a problem property;
  • negotiate the price competently;
  • accurately calculate future maintenance and repair costs.

Hinode offers an independent inspection of real estate in Cyprus. Our specialists work exclusively in the interests of the buyer. Order an inspection of the object can be ordered right now, and secure one of the most important transactions in life.

How to choose the best city to live in Cyprus: Limassol, Paphos or Larnaca, Nicosia?

Cyprus is a sunny island with a rich history, wonderful climate, natural beauty and excellent living conditions. It is not only rich in picturesque beach areas, but also dynamically developing in different spheres, having for this purpose many large cities. Each of them – Limassol, Paphos, Larnaca and Nicosia – has its own features and advantages, so when making a choice, it is important to understand which one is more suited to your needs. Let’s take a look at what they offer for living and investing in real estate, make a comparison and note what are the strengths of each.

Limassol

Limassol is a modern and dynamic city, often referred to as the financial and business center of Cyprus. It is ideal for those who appreciate a cosmopolitan and active lifestyle.

When considering Limassol for living, it attracts with its developed infrastructure, high level of international community and rich cultural life. There are many restaurants, stores, educational institutions and entertainment activities.

Limassol is a magnet for investors due to the steady demand for rentals from both tourists and foreign professionals. Property prices can be higher, but this is justified by the high yields.

Paphos

Paphos is a tranquil coastal town with a rich history and picturesque nature. It is chosen by those seeking privacy and harmony.

For those considering Paphos for living, it is a great place for families and retirees due to its relaxed atmosphere, beautiful beaches and many natural attractions.

Paphos is also suitable for investment as it has a high potential for short term rentals due to its popularity amongst tourists. At the same time, the cost of housing here is lower than in Limassol, making it affordable to buy.

Larnaca

Larnaca is a cozy and comfortable city that attracts with its accessibility and proximity to the international airport. It is a good choice for those who appreciate comfort and simplicity.

Larnaca combines tranquillity and convenience while retaining its charm of a small town with everything you need for a comfortable life. It is a great place to live.

When considering Larnaca as an investment destination, it is worth noting that the development of the infrastructure makes it a promising city for long-term investments. Here you can find affordable housing, which is especially attractive for those who are investing in real estate for the first time.

Nicosia

Nicosia is the capital of Cyprus and the cultural and business center of the island. The city is ideal for those seeking career advancement and a busy city life.

It is a business hub with a concentration of museums, galleries and offices, attracting professionals and art lovers alike. Nicosia is suited to the life of careerists.

As an investment destination, the capital of Cyprus is attractive to many. Nicosia is characterized by a stable demand for long-term rentals due to business activity. However, it is less popular with tourists, which may limit the potential for short-term rentals.

Final comparison

The choice depends on your priorities:

  1. Limassol stands out as a center of modern life with excellent investment opportunities.
  2. Paphos is ideal for families, retirees and a relaxed lifestyle, it will please those looking for nature and tranquility, while its affordable prices make it attractive to buyers.
  3. Larnaca offers the perfect combination of price and comfort thanks to its strategic location and infrastructure.
  4. Nicosia will suit professionals and cultural enthusiasts, keeping the rental market stable.

Cyprus is an amazing island ready to offer something special for everyone. But choice is an individual matter, so start with your goals.

Repairs in Cyprus: how to control the process if you are not in this country?

Property renovation, especially when you are in another country, can be quite a challenging task. However, with a competent approach to its organization, proper preparation and the use of modern technology, you can effectively manage the process even from a distance. So, what is the best advice for those living in the UK and overseeing a property renovation in Cyprus?

Planning the work and selecting contractors

Carrying out a renovation always requires clear planning. Start by drawing up a detailed renovation plan, including:

  • selection of design concept;
  • list of works to be carried out;
  • desired timeframe;
  • budget to be allocated;
  • materials to be used.

Pay special attention to the choice of contractors. Turn to contractors with a good reputation. Look for reviews, ask for recommendations and check the portfolio of completed work.

Be sure to conclude a formal contract for the contractor’s services, which should specify all the terms and conditions: terms, cost, payment procedure and responsibility for quality.

Using modern technology for remote monitoring

Today, thanks to modern technology, it is easy to see what is happening at a particular facility in another country while physically located in one country. Therefore, it is possible to build a control system as follows:

  • conduct regular video calls with contractors to discuss details in person and check progress;
  • require contractors to provide regular photo and video reports on work performed;
  • consider installing temporary cameras in the apartment being renovated to monitor the process in real time;
  • use specialized applications (Trello, Asana or similar) to coordinate tasks, control deadlines and track progress.

Hiring an independent inspection company

To maximize confidence in the quality of the work, it makes sense to hire specialists working in Cyprus from an independent inspection company. Their assistance will be particularly useful if you cannot personally verify the results. Such cooperation will protect your interests, costs and guarantee the quality of services.

What you can be offered:

  • professional expertise, checking the quality of construction and finishing works for compliance with standards;
  • detailed reports on the condition of the object, on the identified deficiencies and recommendations for the correction of deficiencies;
  • regular monitoring of progress and control over compliance with the schedule of work by contractors.

Site visit

For those who have the opportunity, it is advisable to plan at least one visit to Cyprus at a key stage of the renovation. This will help to personally assess the progress of the work, solve possible problems and discuss details with the contractors. If not, then hiring independent experts from a reliable inspection company is a great way to solve the control problem.

Constant communication and trust

In conclusion, two more good tips are worth giving.

  1. Keep in regular contact with your contractors. Constant communication helps avoid misunderstandings.
  2. Only work with professionals you trust and have seen their reputation. Personal trust in contractors and the inspectors involved makes a big difference when you’re away.

Conclusions

Inspection of repairs in Cyprus from the UK is possible if properly organized and using modern technology. The use of an independent inspection company will provide additional peace of mind and assurance of a quality result. Prepare a clear plan, keep in touch with contractors, and don’t be afraid to use the help of professionals. This approach will allow you to complete the renovation successfully, even if you are abroad.

Should I buy property in Cyprus from a developer or on the secondary market?

Buying real estate in Cyprus is becoming increasingly popular with foreigners, and this is largely due to the mild climate, high standards of living and convenient location of the island. But when choosing a place to live there is always the question of what to do it in favor of: buy an apartment from the developer or prefer the secondary market? To get an objective answer, it is worth considering the advantages and disadvantages of both options.

Buying real estate from a developer

Purchasing a new home from a developer is a great idea due to the many advantages the apartment owner receives. Among them it is worth highlighting:

  • the use of modern technology and design. New buildings usually meet the latest construction standards, equipped with modern equipment, energy-efficient solutions and pleasantly pleased with the current design solutions;
  • quality guarantees from the developer for the proposed property, which protects the buyer from unexpected defects or problems;
  • absolute novelty and lack of wear and tear of engineering systems, so you will not need to repair or replace communications for a long time;
  • the opportunity at the construction stage to agree on the changes in the construction of the new building; the possibility of the construction of a new building, which is not necessary for a long time.

However, this option also has significant disadvantages:

  • higher price of housing, especially that being built in popular areas;
  • risk of construction delays. If the purchase is made at this stage, unfortunately, delivery dates are often violated;
  • not fully developed infrastructure (often areas of new buildings do not immediately provide residents with all the amenities in the form of different stores or schools).

Buying real estate on the secondary market

Buying housing on the secondary market is still quite popular, despite the rapid growth of new buildings. The main advantages of this choice are:

  • affordable price of apartments, which are cheaper, especially if they require repair;
  • established infrastructure, because secondary real estate is located in already settled areas with the necessary infrastructure facilities for the comfort of people;
  • visible condition, and here it is important to emphasize that the buyer sees what condition the apartment is in, what neighbors are around;
  • speed of registration, because the deal is much faster than when waiting for the delivery of the apartment.

This option of purchasing housing also has disadvantages, and they are quite significant:

  • wear and tear of the dwelling and communications, and here may require significant additional costs for repairs and modernization;
  • outdated technologies of house construction, and therefore many secondary apartments do not meet modern standards of energy efficiency and comfort;
  • legal risks. This is a particularly important point. When buying on the secondary market, you should definitely check the cleanliness of the transaction and the history of the apartment to avoid fraud.

Conclusion: Which is more profitable – housing from a developer or from the secondary market?

The choice between buying an apartment from a developer or from the secondary market depends on your goals, budget and priorities. If you are looking for modern housing with minimal investment in renovation and want to participate in the design choice, new buildings may be the best choice. However, if economy, developed infrastructure and fast transaction process are important, then the secondary market looks more attractive. In any case, it is recommended to study the market thoroughly, consult experts and consider your long-term plans.

The services of specialists who will conduct an independent real estate inspection for you will allow you to feel safe and eliminate many risks.

How to check the developer in Cyprus: guarantee of safe construction

Purchasing a home in Cyprus, especially one under construction, can be an excellent investment. However, the risk of encountering an unscrupulous developer is quite high, and it makes checking the company’s reputation a critical step. A reliable developer guarantees quality and timely construction, minimizes potential problems and provides peace of mind to the buyer.

Why is it important to make sure of the reputation of the builder?

An impeccable reputation of the developer and his responsible attitude to the obligations assumed – this is your “everything”, confidence in housing and financial security. In the form of arguments of this statement we can say that::

  • Experienced and reliable developers use proven materials and technologies, which directly affects the durability and comfort of real estate;
  • The reputation of a construction company is often linked to its ability to commission objects in a timely manner, which means that you will receive housing by the promised deadline;
  • Cooperating with a proven developer, the buyer minimizes the risk of encountering unfinished projects or legal problems.

In addition, a new building from a well-known builder has a high investment appeal. Housing in its buildings is much easier to sell or rent, which makes it a valuable asset.

How do I check the reputation of a real estate developer?

It is not as easy to check the reputation of a real estate developer if you are far away from the place of its activity (living in another, remote country) as it would be if you were a local resident. However, there is a basic algorithm of actions that all potential clients (real estate investors) adhere to, and it is advisable to adhere to it.

  1. Study reviews and ratings. Read the reviews of previous buyers on the Internet or on specialized forums. They often tell about the quality of construction and the experience of interaction with a particular company.
  2. Familiarize yourself with previous projects that have previously been implemented by the developer. To get an objective and complete picture, it is desirable to visit such an object, and if you can not do it yourself, you need to entrust the task to an independent inspector. When considering the project, it is worth paying attention to the quality of materials, design, the state of the infrastructure.
  3. Check the permit documentation. Make sure the builder has all the necessary licenses and permits. In Cyprus, construction activities are regulated by state authorities.
  4. Examine the duration of the company’s existence. A developer with a long history of existence is often more reliable. He has experience in overcoming difficulties.
  5. Check the developer’s ties with banks. This is a simple secret to check its reliability. If banks are willing to provide mortgages for the developer’s properties, it is a good sign of trust on the part of financial institutions.

Useful tips for foreign buyers

In order to guarantee your own safety, avoid problems and do not lose the money invested in the purchase of real estate, we recommend you to remember and take into account that:

  • before signing the contract you should carefully study all the terms and conditions, make sure that the contract protects your interests and contains a clear timeline for completion of construction;
  • foreign buyers in Cyprus have the right to purchase property subject to certain rules, and here the law protects your interests;
  • you should not be afraid to ask questions about the purchase of real estate in Cyprus;

The assistance of an independent company in real estate inspection will be invaluable to you. Checking the object for compliance with building regulations, project documentation, quality of work and materials used – all this also protects your interests. In general, the reliability of the developer is the key to a successful and safe investment in Cyprus real estate.

Real estate in Cyprus: how to choose the perfect apartment for investment

Cyprus is not only a sunny island with a wonderful climate and amazing nature, but it is also a promising place for real estate investment. Due to stable price growth, high demand for rentals due to the increased influx of tourists and attractive tax conditions, buying an apartment in Cyprus can be a very profitable investment. If you are interested in buying real estate, then you are definitely wondering which apartments have the greatest investment potential and what is important to consider for a foreign buyer.

Which apartments in Cyprus are the most attractive for investment?

To answer this question, it is better to make a division into types of objects and zones, paying attention to some of their nuances. As a result, we will get the following picture.

  1. Apartments in tourist areas.

Cyprus cities such as Limassol, Paphos and Larnaca are very popular with tourists. There is a high demand for short-term rentals, especially during the summer season. At the same time, apartments with sea views or near beaches have an additional advantage.

  1. New buildings.

Modern residential complexes with energy-efficient technologies and developed infrastructure (swimming pools, gyms, security) attract tenants and buyers. New buildings often offer lower operating costs.

  1. Apartments in business districts.

Nicosia, the capital of Cyprus, as well as the central areas of Limassol are popular with businessmen and expats, which provides a stable demand for long-term rentals.

  1. Properties with the potential to increase in value.

Apartments in developing areas or suburbs, where prices are still lower but infrastructure and demand are expected to increase.

Useful recommendations for a foreign buyer

Profitable investment in real estate in Cyprus, finding the ideal apartment for your requirements and opportunities, minimize risks – all this is real, especially if you use the following recommendations:

  1. Study the market. Analyze the prices, demand and development prospects of the areas. Contact local real estate agents for up-to-date information.
  2. Check that the property is legally clean. Make sure there are no encumbrances on the apartment, such as mortgages or legal disputes. For this purpose, contact an experienced lawyer.
  3. Pay attention to the tax advantages. Cyprus has low taxes on rental income and no inheritance tax. Owners of real estate worth 300,000 euros or more can obtain a residence permit. Consequently, real estate in Cyprus is really profitable for investment.
  4. Determine the purpose of the investment. If you plan to rent out the apartment, then choose objects in popular tourist and business districts. For subsequent resale with the purpose of making a profit in the future will be suitable for apartments in areas with an expected rise in prices.
  5. Evaluate the infrastructure. When buying an apartment, you should pay attention to the infrastructural development of the area. Important moments will be the proximity to schools, stores, hospitals and transportation hubs, it increases the attractiveness of the apartment for tenants.
  6. Plan your budget properly. When thinking about budgeting, take into account additional costs, such as stamp duty, VAT, as well as the services of professionals (realtor, lawyer, real estate inspection expert), without which it is impossible to quickly and safely cope with the task of finding and buying an apartment.

Investing in real estate in Cyprus is an opportunity not only to save but also to multiply capital. The main thing is to carefully choose the object, take into account the peculiarities of the market and attract professionals to support the transaction. The sunny island with its comfortable climate and stable economy will become a reliable basis for your investment.

Checking a property in Cyprus before buying: rough or finished?

Buying a property in Cyprus is a pleasant and at the same time responsible step that requires a balanced approach. One of the key questions that often arises before the buyer is whether to choose a property with rough finish or with ready-made renovation. Regardless of the choice, it is important to properly assess the quality of the property to avoid additional costs and possible risks. But this question is very interesting and relevant, so let’s consider it in detail.

Draft finishing: pros, cons and what to pay attention to

“Draft” finishing implies that the internal design of housing is not completed. This option is usually attractive to buyers who want to create a unique interior, exclusively to their own taste, but it also requires careful inspection.

Pros of rough finishing:

  • the opportunity to realize your own ideas and develop an exceptionally customized interior design;
  • most often lower cost compared to ready-made housing.

Minuses of this option:

  • the need for additional investments for repairs;
  • difficulties in finding qualified contractors who will be able to do exactly what you want, and will perform everything exactly as you dream.

Before making a purchase of real estate with a rough finish, you should check the following points:

  • the quality of the building materials used (make sure that the walls, flooring and insulation are done securely);
  • communications (pay attention to whether pipes, electrical wires and other engineering systems are correctly laid);
  • consistency with the project (make sure that the object complies with the architectural plan and safety requirements).

Ready repair: pros, cons and what to check when buying

Ready real estate with repair (in other words – “clean” version) assumes that the housing is fully ready for living or renting, and there is nothing to finish – bring things in and live! However, the finished repair should also be carefully checked.

The advantages of the room with a clean finish:

  • there is no need to spend time and money on repairs;
  • you can immediately move in or start using the apartment or house.

A significant disadvantage of buying real estate with a finished repair called hidden defects, which are difficult to detect without a detailed inspection.

Taking the property with a fully completed repair, you need to check the following points:

  • quality of finishing of walls, ceilings, floors;
  • functionality of engineering systems (heating, water supply, electricity);
  • documentation (quality certificates) for the materials used and the work done.

General recommendations for both options

To make the purchase of real estate in Cyprus you are happy and did not bring the slightest disappointment, use a few more of our tips.

  1. Use independent professionals. To avoid mistakes and hidden risks, use the services of professionals who specialize in real estate inspection. Experts will conduct a professional assessment and provide a report on the condition of the property.
  2. Check the legal cleanliness of the property. Consult a lawyer to make sure the property is free of encumbrances and complies with legal requirements.
  3. Evaluate the investment prospects. Make sure that the chosen property is located in a convenient neighborhood and meets your goals – whether for residential or commercial use.

The choice between rough or finished renovation depends on your preferences and capabilities. However, in any case, a thorough inspection of a property in Cyprus before purchase is a necessary step to avoid unnecessary costs and problems. Hiring an independent inspection company will be a reliable solution to protect your interests.

Inspection and acceptance of non-residential premises in Cyprus: what to consider?

The acceptance of a commercial property in Cyprus is an important stage that requires a thorough inspection to ensure that the buyer is satisfied that the property is safe, legally sound and in accordance with the contractual terms. To avoid mistakes and problems in the future, it is important to pay attention to both the technical and legal aspects of the process. This is important, so let’s take a look at the key points to look out for when inspecting non-residential properties in Cyprus.

Document verification

In the purchase of a non-residential property, the most important point becomes the completeness of the documentation package and the correctness of each document placed in it from a legal point of view. In this part it is necessary to check:

  • Title Deed to make sure that the property is registered to the current owner and has no encumbrances;
  • Authorizations to use the property for commercial purposes;
  • Draft of the proposed sales contract and compliance of the terms of the transaction with legal requirements;
  • Utility documents to make sure there are no debts for electricity, water and other services.

To be sure that the documents are correct, it is recommended to engage an experienced lawyer who specializes in real estate. He will also carefully proofread the contract to ensure that the interests of his client (buyer of commercial real estate in Cyprus) are protected.

Technical audit

The technical assessment of the condition of the premises plays an equally important role, and should include:

  • construction expertise (it is necessary to check the quality of building materials, the absence of hidden defects such as cracks, leaks or insulation problems, etc.);
  • assessment of the functionality and suitability of engineering systems (before buying, it is necessary to make sure that the existing systems (water supply, heating, air conditioning, electricity) work properly);
  • checking whether the layout of the premises complies with the stated characteristics and safety requirements.

To perform such an audit, it is best to contact the experts of a company specializing in independent inspection of real estate. The experts will conduct a detailed inspection and provide a report on the condition of the premises.

Legal nuances

Some peculiarities of Cypriot law require special attention and knowledge of these nuances. For example, for a foreign buyer there is a requirement that the transaction must be registered with the Land Registry Department.

You also need to make sure that all documents are completed in accordance with local regulations and signed by both parties. Be sure to check the insurance for the property and the terms and conditions stipulated therein. In general, there are a lot of nuances, but the involvement of an experienced lawyer will help you avoid possible legal complications and protect your interests.

Useful recommendations

When deciding to buy non-residential premises in Cyprus, for the purpose of quality acceptance and inspection, we recommend you:

  • engage the assistance of professionals, as independent inspectors and lawyers will help minimize risks;
  • do not make final payment for the property until all inspections have been completed;
  • document the results of the inspections accordingly (draw up an inspection report in which all defects identified and agreements to rectify them are specified).

Safe acceptance of non-residential property in Cyprus requires careful attention and professional support. Involvement of specialists from an independent inspection company will allow you to avoid mistakes and be confident in the quality and legal cleanliness of the object. This approach will ensure the success of the transaction and give you peace of mind in the future operation of commercial real estate.

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