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F.A.Qs
  Asked Questions
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  Answers
1 )
Do I have to use your lawyer when I buy a property?
 
You have the right to use your own lawyer or solicitor or we can recommend you one in the local area.
2 )
What if I’m not able to sign papers in person?
 
You can always give your lawyer a Power of Attorney, so that he can sign the contract instead of you. You’ll need to have transmitted the final equilibrium for the property and also taxes to him earlier to the signing of the conducts.
3 )
Can I extract insurance on my property?
 
There are companies in Cyprus who will supply cover for earthquake and fire destruction.
4 )
Are there any International Schools of good reputation in Cyprus?
 
Almost all towns in Cyprus have Private Schools that present all the lessons in English. These schools offer diplomas equal to GCE`s for access into British universities, and achieve high academic values.
5 )
How about the driving rules in Cyprus?
 
Foreign citizens of Cyprus or visitors in Cyprus can drive using a legal International Driving Licence or their National Driving Licence, provided it is suitable for the class of vehicle they want to drive. If they wish to get a Cyprus driving licence, then they must switch their national licence to a Cypriot one or take the driving test. In any case, the Cyprus licence will cost CY35 pounds for a lifetime.
6 )
Can I work in Cyprus after I have moved there?
 
According to Aliens and Immigration Law, those who don’t have Cypriot nationality, wishing to start employment in Cyprus, they necessarily have to own a work certification. This restriction has now been cancelled for all EU members.
7 )
What is the currency in Cyprus?
 
Coins range from 1cent to 50cent. Notes are £CY1, £CY5, £CY10 and £CY20. 100c = £CY1.Major credit cards are accepted all over Cyprus. On the 1st of January the Euro will be introduced.
8 )
What is the cost of living in Cyprus?
 
In relation to other European countries, Cyprus has a lower cost of living. Normally, the yearly rate for four adults living in a three bedroom house is he following: Water: CY£109.00, Gas: CY£ 14.00 and Electricity: CY£360.00
9 )
Who provides electricity, water and gas in Cyprus?
 
Electricity is provided by Cyprus Electricity Authority and water from Water Board. Gas is not centrally provided in Cyprus.  The prices for electricity and water are billed to the particular authorities at regular periods during the year. The water every three months and the electricity every two, and they are based on the use of each part so the cost will modify around £50 per month for normal usage to £100.
10 )
Is the property freehold?
 

All properties sold by Gregoriou Properties are freehold.

11 )
In what currency are payments made?
 
Payments are made in Euros.
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