Can Foreigners Buy Property in Cyprus? – Legal Guide

Cyprus is a highly attractive destination for foreign buyers thanks to its warm climate, high quality of life, and favourable tax and residency options. Foreigners can generally buy property in Cyprus, but the exact rules depend on whether you are an EU or non-EU citizen.

1. EU Citizens

Citizens of European Union (EU) member states, as well as those from the European Economic Area (EEA), enjoy the same property ownership rights as Cypriot citizens. This means you can freely buy, own, and sell property in Cyprus without any restrictions on the number or type of properties you can acquire.

2. Non-EU Citizens

Non-EU citizens can also purchase property in Cyprus, but certain limitations may apply. These typically relate to the total land area that can be acquired, and may vary depending on the property’s location and zoning. In most cases, non-EU buyers are limited to purchasing:

• An apartment, or
• A house on a plot of land not exceeding a set size (usually up to 4,014 m²), or
• Other types of property as approved by the authorities.

Tip: These rules may vary based on the development zone, so it’s important to seek legal advice before committing to a purchase.

3. Permission from the Council of Ministers

In some situations, non-EU citizens may be required to obtain formal permission from the Council of Ministers to acquire property in Cyprus. This is usually the case when:

• The property involves a large area of land
• The purchase includes multiple properties
• The property type falls under special zoning or restrictions

The Council of Ministers reviews applications on a case-by-case basis and typically grants approval if there are no objections related to national security or other specific concerns.

4. Title Deeds and Legal Assistance

Whether you are an EU or non-EU citizen, always ensure the property has a valid title deed, or that one can be issued. Buying without proper due diligence can expose you to legal and financial risks. An experienced Cyprus property lawyer will:

• Check title deed status and ownership
• Conduct Land Registry searches for mortgages or charges
• Ensure the sale agreement is legally sound and protects your interests

Buying Property in Cyprus – Next Steps

If you are ready to buy a house or investment property in Cyprus, make sure you understand the key legal steps and taxes and fees involved. Our law firm, Christophi & Associates LLC, has nearly 30 years of experience guiding foreign buyers through safe and secure transactions.

Contact us today for expert legal advice before you sign anything.