As Cyprus continues to lead the way in Europe as one of the most rapidly improving economies, the island state is becoming an increasingly popular spot for tourists, business owners and property buyers. Since the introduction of new political and economic regulations, Cyprus has climbed out of its recession and now has a thriving economy, bustling tourism sector and booming real estate industry.
Thanks to this economic success, more local and foreign investors have begun developing new property developments in places like Limassol. A number of high rise apartment buildings and luxury villas have been built all across the country which has drawn in buyers and expats from around the world. If you’re planning to invest in property or find a new home in Cyprus, it’s important that you find the right real estate agent to help you get the best deal and settle in properly. Here are some great tips that will help you.
Do your research
Buying or investing in property is a big commitment and so it’s important that you choose the right real estate agency to get the advice you need and find the best deal. Internet searches are a great way of contacting estate agencies as well as reviewing services provided.
Go to someone local
There are hundreds of international and global estate agencies in the world that specialise in property purchasing and investment but it’s vital that you choose one that has knowledge of the area in which you’re buying and experience dealing in that area. If you’re looking to invest in one of the many new developments in Cyprus, be sure to consider how well your estate agency knows the area.
Working with IPN Cyprus, a company that has years of experience in the Cypriot property market will ensure that the process is carried out smoothly and you close the best deal.
Talk to your agents
If you’re choosing to partner with an agency to buy new property and invest large amounts of money, it’s important that you know who you are dealing with and get to know the people behind the company. Give agencies a call or meet representatives in person so you can develop more of a rapport and share your thoughts and concerns. This will give you peace of mind and will make the agency more aware of your exact needs and requirements.
Always check credentials
There are always a number of potential risks that come with investing in property or buying a new home, especially if you are entering a new market abroad in which you have little experience. Therefore, it’s vital that you always check the credentials and legitimacy of estate agencies before making any kind of deal or signing any agreements. You can always rest assured that you are working with trusted professionals when you partner with IPN Cyprus. We are associated with the Cyprus Real Estate Agents Association, CREAA and the International Real Estate Federation as well as FIABCI with years of experience working with buyers and developers.