Title Deed / Mortgage by Application
Mortgage by Application
Mortgage Notes
- Mortgage applications will only be considered on resale properties that have land deeds or full title deeds
- Mortgage applications are considered on Developer New Properties (New Build Process)
- Mortgage applications are considered on Land as they have land deeds
- If a resale has title deeds available then the banks will not lend until the Title Deed is in the current owners name
Title Deed Notes
- Title Deeds (this means the title deed is in the name of the current owner and therefore can be transferred on completion)
- Title Deeds Available (this means the title deed is available at land registry but not necessary issued in the name of the current owner which would stop a mortgage approval)
- Title Deeds (New Build Process) (This is a Developer property so you are the 1st person to have rights over the property via the contract deposited at land registry)
- Cyprus Legislation - Title Deed with Application (This means the resale property doesn’t have deeds ready or in hand and therefore you have to buy on assignment agreement until they are ready – your solicitor would do the relevant checks and ensure a bank waiver is in place to protect your interest)
- Land Deeds – (this means the title deed is in the name of the owner and therefore can be transferred on completion for land / if on a villa then the property was built after the land deeds so the house would have to be signed off by planning department and then a separate deed is issued or a combined one for the land and house)
Properties without Title Deeds
The Cyprus parliament enacted a new law in 2011 - The Sale of Immovable Property. This allows the property owner who does not hold Title Deeds to assign all rights, obligations and benefits of their original contract of sale with the developer to the new buyer.
In order to register the new sale, an Assignment Agreement, between only the seller and the new buyer must be signed and then filed at the Land Registry. Once it's filed, all the rights, obligations and benefits of the seller are transferred to the new buyer and the developer is bound. The new buyer becomes the new beneficial owner and they obtain the same legal protection that the original purchaser had.
Your Cypriot lawyer would prepare your purchase agreement in accordance with the law and protect you and your investment during the purchase and after. We are able to provide you with details of independent lawyers and they would carry out due diligence and would ensure that any property you purchase is 'safe' to buy.
Featured Property
Larnaca Town Centre,
€270,000
Ref: #PLU023N3
3 
2 
1 Three Bedroom Duplex Apartment Located In Larnaca - Title Deeds (New Build Process) This 3 bedroom apartment building is a modern design. Located in one of the most prestigious areas in Larnaca. This high end luxury apartment is only a few minutes stroll from the sea and Larnaca Town Centre. It has has easy access to both Larnaca and Paphos International airports and the highway network. The apartment is surrounded by pedestrian and green areas. - 3 bedrooms with fitted wardrobes - En-suite bathroom to the master bedroom - Family bathroom - Open plan living – dining – kitchen - Landscaped areas surrounding the building - Un furnished - Covered Interior area 100 m² - Covered veranda 23 m² - Communal area 17 m² - Parking space (...)
Properties
.jpg)
, Emba, Paphos
Price on Application €0
Ref: #CPAP002
1 1 1 
Fourteen Apartments and Townhouses with Title Deeds (New Build Process) located centrally in Emba This is an exciting opportunity to purchase a complete complex which is four months from (...)
, Tsada, Paphos
€45,000
Ref: #3213L
Plot of Land For Sale in Tsada with Title Deeds - Great investment opportunity - Sea and Mountain views - Plot size: 3011 m2 - Build Density: 10% - Coverage: 10% - Floors (...)
, Frenaros, Famagusta
€45,000
Ref: #OCT005L/5
263m² Plot of Land For Sale in Frenaros with Land Deeds This large plot of land has been divided to make six individual plots, all with building permissions for a bungalow to be built. This (...)
, Frenaros, Famagusta
€48,000
Ref: #2868L/A
Plot of Land 360m² Located in Frenaros with Land Deeds This untouched plot of land is situated in the traditional village of Frenaros. On a small development with three other bungalows, the (...)
, Arakapas, Limassol
From €50,000
Ref: #YTG007NS
1 1 Studio Apartment In Arakapas, Limassol -Title Deeds (New Build Process) This studio is located in the beautiful Arakapas village 25 minutes drive from Limassol. The apartment building is erected (...)
, Ormideia, Larnaca
€54,950
Ref: #2642L
Plot of Land For Sale in Ormidia with Land Deeds PRICE REDUCTION: was €70.000 - Plot - 618 m² - Planning Zone H3 - Build density 60% - Coverage 35% - Floors 2 - (...)
, Alethriko, Larnaca
€55,000
Ref: #3402L
Plot of Land For Sale in Alethriko with Land Deeds This untouched flat plot of land is situated just on the outskirts of the traditional village of Alethriko. This off plan option will allow (...)
.jpg)
.jpg)
, Kapparis, Famagusta
€58,000
Ref: #3153
1 1 1 One Bedroom Apartment For Sale in Kapparis with Title Deeds The compact one bedroom apartment is located in Kapparis, just a short walk to the local shops, restaurants and beaches. The apartment (...)
.jpg)
.jpg)
.jpg)
.jpg)
, Frenaros, Famagusta
€60,000
Ref: #2956L
Plot of Land For Sale in Frenaros with Land Deeds PRICE REDUCTION: was €70,000 This plot of land is situated in the traditional village of Frenaros, close by to local amenities. It is (...)
, Ormideia, Larnaca
€65,000
Ref: #2654L
Plot of Land for sale in Ormedia, with Land Deeds Ideal plot of land for a small family home PRICE REDUCTION: was €79.950 - Plot size 457 m² - Planning zone H3 - Build (...)
, Ormideia, Larnaca
£65,000
Ref: #2652L
Plot of Land For Sale in Ormedia, with Land Deeds PRICE REDUCTION: was €79.950 - Plot size 437 m² - Planning Zone H3 - Build density 60% - Coverage 35% - (...)
, Vrysoulles, Famagusta
€65,000
Ref: #2866L
Plot of Land 511m² For Sale Located in Vrsyoulles with Land Deeds This untouched plot of land is located on a small development of traditional style villas, all with beautiful exterior (...)
.jpg)
.jpg)
.jpg)
, Ayia Napa, Famagusta
€65,000
Ref: #CHA027RS
1 1 Studio Apartment For Sale In Ayia Napa Studio apartment located within the residential area of Ayia Napa within walking distance to the town centre. - studio plus one bathroom - Un (...)
, Upper Peyia, Paphos
€65,000
Ref: #QHD006R1
1 1 1 One Bedroom Apartment located in Peyia, Paphos with Title Deeds Located in close proximity to the village centre, this cosy 1 bedroom apartment is fully furnished with a large open plan living & (...)
, Paralimni, Famagusta
€67,500
Ref: #3437L
318m² Plot of Land For Sale in Paralimni with Land Deeds This untouched plot of land is located in a quiet residential area of Paralimni. This off plan option will allow the owners to build a (...)
.jpg)
.jpg)
, Paralimni, Famagusta
€69,000
Ref: #LOR007L
507m² Plot of Land For Sale in Paralimni This untouched plot of land is located close to the lake in Paralimni, walking distance to the shops and restaurants. The plot itself has electricity (...)
, Thrinia, Paphos
€70,000
Ref: #3293L
963m² Plot of Land For Sale in Drinia with Land Deeds This large corner plot of land in situated in the village of Drinia just behind the quiet traditional coffee shop. The plot has been (...)
, Ormideia, Larnaca
€70,000
Ref: #3181L
Plot of Land For Sale in Ormideia with Land Deeds This plot of land is situated in Ormideia with water and electricity supply available and road access. This off plan plot and zone allows a two (...)
, Arsos, Limassol
€70,000
Ref: #3296L
Plot Of Land With Approved Plans For Villa in Arsos With Land Deeds Located on the outskirts of Arsos village, close to the neighbouring villages of Vasa, Agios Nikolaos and Filousa this large (...)
, Paralimni, Famagusta
€74,950
Ref: #2607
2 1 1 Two Bedroom Apartment For Sale in Paralimni with Title Deeds ***PRICE REDUCTION: was €79,000*** This apartment is located on the first floor of the complex, just a short walk to the local (...)
Head Office Protaras T: 00 357 2381 4474
Larnaca / Limassol T: 00 357 2304 1470
Paphos T: 00 357 2600 2122