Cyprus Repossessions
Guide To Buying Repossessions in Cyprus where all properties are below market value
- Repossessions are usually uploaded on Tuesday evening and sold within six days.
- Sometimes there is a tender close deadline.
- These types of repossessions will most likely sell for over the asking price!
- Repossessions that have been for sale for longer or more likely to be sold under the asking price.
- We will produce all paperwork and offer/tender forms for you.
Once an offer tender has been placed, the decision can take between 2-10 working days.
There are no negotiations with repossessions, only offers Accepted or offer Declined so we strongly advise all clients offer the maximum price they are not willing to lose the property for.
Example Repossessions So Far This Year
Disclaimer:
The information provided is for general informational purposes only and should not be considered legal, financial, tax, or professional advice. Laws, regulations, fees and procedures may change, and individual circumstances may affect their application. Readers are strongly advised to verify all information with a qualified lawyer or other appropriate professional before making any property purchase, investment or legal decision.