Cyprus maintains a land registry system in which all immovable property is registered. ‘Immovable Property’ is a term that relates to land, buildings, trees, plantations, rivers, wells and all rights relating to land and buildings.
Cyprus Property Title Deeds, which are also known as ‘Certificates of Registration of Immovable Property’, are formal documents that serve as evidence of property ownership. Each piece of immovable property has an associated Title Deed which contains information such as its registered owner, size, location and the Lands’ Office reference.
‘Transfer of Ownership’ from the Vendor to the 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 power of attorney. The Transfer of Ownership requires a permit from the Council of Ministers.