Most of Cyprus buyers wish to buy off plan property as they may choose final finishes the way they want. Although a new property is a great opportunity, you should consider on resale apartment as well. Some of resale apartment might be brand new, as they were bought, but no one live in there, some of them may have less than 5 years old.
Resale term is usually used to describe a property which was previously sold to at least one person.
Most of these properties come with fitted kitchens, air conditions and other appliances which will help you to make sufficient savings. If you consider purchasing a resale villa, most probably it will come with a private pool as well. Most of the owners prefer to rent their villas whilst waiting for a potential buyer. A 3 bedroom detached villa with pool generates income that exceeds 600 Euros per week. This would explain why most of the villas have swimming pool and high standard of finishes.
Buying Cyprus resale property you may consider to look for a traditional Cypriot houses.
There are many old properties for sale, although they are not so popular among estate agents. Most of real estate companies prefer to work with new projects, as they earn bigger commissions selling off plan units. If you look for a specific unit you should research real estate market and to find an agent who deals with such properties.
If you wish to purchase Cyprus resale property, you should first contact estate agent. They will provide you all required information about available properties, advice you on better neighbourhood in the area, and assist you with the purchasing procedure. Although real estate service is very effective, you should always contact an independent lawyer to verify the information you have obtained.
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