For those of you considering purchasing a holiday home in the Republic of Cyprus, making a permanent move or just looking at the investment opportunities but are still unfamiliar with this fabulous Mediterranean island this article should help give you a good snap shot of Cyprus and why so many others have made this their new home or place for a solid investment:

Key Facts:

* Full name: Republic of Cyprus
* Capital: Nicosia
* Population: 807,000(via UN, 2004)
* Area: 9,251 sq km (3,572 sq miles)
* Major Languages: Greek, Turkish
* Major religion: Christianity, Islam
* Life expectancy: 76 years (men), 81 years (woman) (UN
* Monetary unit: Euro
* Main Exports: Clothing, cigarettes, potatoes, pharmaceuticals
* GNI per capita: US $16,510 (World Bank, 2006)
* Internet domain: .cy
* International dialling code: +357
* Daily Newspapers: Cyprus Mail (daily), Politis (daily), Simerini (daily)

What To Do:
Cyprus is full of variety and new experiences. With over ten thousand years of history, ancient ruins and being the birthplace of Aphrodite the mythical goddess of love there is plenty of history to explore here. Traveling across the island will take you through the amazing countryside of vineyards, olive trees and citrus groves. With an average of over 300 days of sunshine per year there is an abundance of activities to be done whether you like lounging on the sun drenched award winning beaches, scuba diving, golfing, game shooting, clay shooting, boating & sailing or going on a fishing expedition.

Travel:
There are two international airports; Larnaca and Paphos. With over forty airlines that service Larnaca, cheap flights are readily available. My search today showed flights from as little as thirty one pounds Stirling.
Once you are there buses are available as public transport as well as shared taxis.

As the crossroads for three continents tourism has played a major role in the island’s economy and the Cypriot government has dedicated itself to a plan of strategic tourism growth especially through conferences, cultural tourism, athletic tourism, walking & cycling and cruises.

According to the governments official website in order to acquire immovable property you will need to submit the following documentation for consideration and approval:

1. Survey plan.

2. Copy of the title of ownership.

3. Copy of the building permit for the erection of the house/block of flats or for the residential development of estates. If separate titles of ownership have been issued for the flats of the block or if the house is mentioned on the title of ownership, applicants need not submit a copy of the building permit. For plots under division, applicants must submit a copy of the division permit.

4. Copy of the deed of sale.

5. Sectional view of the building or the flat. Very old houses mentioned on the title of ownership are exempted. A division plan must be submitted in the case of division of plots. In areas of residential development, the plan must be submitted showing the position of the house on the entire holding.

6. Area in square metres of the plot which is to be acquired.

7. Documents proving the financial situation of the applicants.

8. Copies of the pages of the applicants’ passports and those of their spouses (the pages containing the data and the photo of the holders and stamps of arrival to and departure from Cyprus).

9. Certificate of marriage of the applicants or relevant attestation of their Embassy and in cases where the spouses do not have the same surname and when the name of the husband is not written on the wife’s passport.

10. Copy of residence permit and work permit of the applicants in Cyprus.

11. Application COMM 145, completed clearly and in full.

12. If the applicant is a company or a shareholder in an offshore company, it is necessary to submit the certificates of registration, of shareholders and of the registered offices of the Company.

13. If the applicant is a Company, a copy of the company’s Articles of Association must be submitted and written information must be furnished on the company’s activities in Cyprus and the staff it employs, both Cypriots and foreigners with the social insurance numbers.

Author Bio: Cleo Lucas is the General Manager of Just Cyprus. You can read more articles and information relating to property in Cyprus at http://www.justcyprus.eu/

Category: Real Estate
Keywords: property in cyprus