What does property ownership mean in Cyprus and how does it work?
Ownership in Cyprus generally means freehold title-that is “owning property in perpetuity”. Transfer of ownership from vendors to purchaser is undertaken by a simple procedure through the Cyprus Land Registry Office, either by the buyer in person or by appointing a third party with a Power of Attorney. In the case of non-Cypriots, a prerequisite of registration is evidence that the buyer has obtained permission from the Council of Ministers. However, this permission is granted more or less as a matter of course to all bona fide purchasers and it especially hassle-free for all EU citizens.
