House in Paphos Secrets

With the increasing complexity of the property market and the constant introduction of new concepts and measures new for the island (although not so in the European countries) it is advisable that the potential purchaser seeks professional advice prior to concluding a deal in order for hardships and disappointments to be avoided. This advice is specially useful to the foreign purchaser who has to encounter the problem of different laws and local attitudes. For this reason this firm has prepared the following tips which may be useful to the local property purchaser.

Ask, before buying, who and why has purchased the shops (if any) and ascertain whether any restrictions have been put to their use. You may find, for example, that the shops below will be used as a kebab house or as a bar (causing you a lot of hardship). If you have to buy a flat in a block of flats with shops below, avoid buying the flat over the shops. The further away (the higher up) the better.

Another factor which is also related to the price, is the payment terms. A developer could be asking a high price for flats but he could be offering very attractive payment terms over a long period. Compare, therefore, not only the extent, quality etc. of a flat, but also the payment terms in order to ascertain who is offering you the best deal.

The quality of construction is another problem. Normally the developer’s reputation and a visit to a previous project will give you an idea of what you can expect. Show a preference to blocks utilising low maintenance materials: sprits finish to a block as opposed to decoration is an advantage; the use of timber windows as opposed to plastic ones is a disadvantage; a poor quality lift will cause you major future difficulties etc.

Quality: In all advertisements for the sale of flats you will find the word luxury. What is luxurious accommodation may be far distant from what you will get however. If the flat you are buying is not ready, have your property surveyor go through the specifications of the materials and finishes so that he can explain their meaning to you.