Introduction
Buying property in Cyprus is a transparent and well-regulated process — especially for international buyers. Still, understanding each legal step is essential for avoiding mistakes and ensuring a smooth path to permanent residency (PR) through real estate investment.
This guide walks you through the key legal procedures involved in purchasing real estate in Cyprus — whether you’re buying a holiday home, a long-term investment, or a luxury apartment in Sunrock Residences.
Step-by-Step: The Property Purchase Process in Cyprus
Reservation of the Unit
After selecting your apartment at Sunrock Residences in Limassol, a reservation fee is paid (€5,000–€10,000) to secure the property off-market.Legal Due Diligence
Your appointed lawyer will carry out a thorough due diligence check: ensuring the title is clean, permits are valid, and there are no encumbrances.Signing the Contract of Sale
Once the property is cleared, a Sale & Purchase Agreement (SPA) is signed and registered with the Cyprus Land Registry for full legal protection.Payment & Tax Obligations
The purchase amount (typically from €300,000 for PR eligibility) is paid as per the agreed terms. Relevant taxes and fees are settled at this stage.Permanent Residency Application
Once the purchase is completed, your lawyer submits the PR application under the Cyprus Golden Visa Program. Approval usually takes 2–3 months.
Taxes & Fees When Buying Property in Cyprus
Contract registration fee: 0.15% of property value
VAT: 5% on the first residential property (19% standard if not eligible)
Stamp Duty & Transfer Fees: Based on property price and residency status
Why Sunrock Residences is a Secure Investment
Full legal assistance from certified real estate lawyers
Pre-approved for the Cyprus Permanent Residency Program
All properties are free of legal issues and comply with EU construction standards
Located in Germasogeia, Limassol — one of Cyprus’s most in-demand areas for luxury real estate
Conclusion
From reservation to receiving your Cyprus PR card, the entire process typically takes just 2–3 months when guided by experienced professionals. With Sunrock Residences, you get more than a luxury home — you gain peace of mind, legal clarity, and a direct route to life in the European Union.
