Offices for sale in Nicosia

Here are the simplified steps to purchase an office space in Nicosia:

1. Decide how much you can spend on the property and extra costs like taxes and transfer fees.
2. Find an office space that meets your budget and business requirements, considering location, size and what the place offers.
3. Arrange a viewing with our real estate agent.
4. Make an offer to the seller. We can assist in negotiating a better price.
5. Once the offer is accepted, hire a lawyer to handle the legal process. We can help you to find a reliable property lawyer in Nicosia.
6. Check everything with your lawyer to avoid issues later. Look into the office building's history, paperwork, and possible problems.
7. Pay a deposit to secure the property and sign a pre-contract (Reservation agreement).
8. Proceed with signing the contract and paying part of the remaining balance.
9. To buy an office larger than 250 m² in size or an office building, establish a Cypriot private limited company (LTD), which can acquire Cypriot commercial property of any size.
10. Register the contract of sale with the Nicosia Land Registry Office. Pay the remaining part of the purchase price.
11. If the property has title deeds, before paying the remaining balance, you must get a Land Registry appointment, pay the transfer fees, and transfer the title deed.
12. If the commercial property is new, you must pay 19% VAT, and there are no transfer fees.

We can support you at any stage of buying an office in Nicosia.