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History of Abbey Estates

Abbey Estates was formed in 2002 to introduce an independent and professional Estate Agency service to Northern Cyprus, our success and growth has been attained organically by offering a consistent and unbiased service.  We are a family run business and have been resident on the Island for in excess of 22 years and have gained an immense knowledge of the growing property market including all the benefits and pitfalls.  We have built solid relationships with the leading construction companies and sympathetic local builders alike who have long standing family roots within the local communities.  We pride ourselves on offering the complete service; we guide our valued customers through the whole process from start to finish and are grateful for the long standing friendships we have formed with many of our clientele. We have never had the need to mass advertise as almost all of our business comes from personal recommendations for past clients, which we value greatly.

Buyers' Guide

It is not at all difficult to purchase your dream home in the T.R.N.C., in fact, the hardest part will be selecting a property from our extensive portfolio!

However, there are a number of lengthy in-depth checks carried out by the Ministry of Interior, mainly to determine that the property titles are free from encumbrances, this of course, is of benefit to you, the purchaser.

So what is the process for buying a freehold property?

  • Decide on a property and agree a price.
  • Contracts will then be drawn up by a solicitor, setting out the terms of sale: price, timescale, purchaser and vendor details and any other relevant conditions including the payment plan for new-build properties.

  • Signing of contracts by vendor and purchaser.
  • Purchaser provides an agreed deposit.
  • Solicitor applies for your purchase permit from the Council of Ministers.
  • Once the purchase permit has been issued, the remaining balance is due from the purchaser.
  • The vendor will then sign the title deed into the name of the purchaser, stamp duty will be paid and this is known as transfer of title deeds.

THIS COMPLETES THE SALE

 

 

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Copyright 2006, Abbey Estates Ltd.