subject: Buying A Property For Sale In Cyprus With Your Partner [print this page] A Cyprus holiday home is a wonderful thing to own, and you will be able to enjoy many happy holidays here. However, buying a property for sale in Cyprus with your partner is also a huge step and so it is important to know that you are both on the same page before making the commitment.
Be Clear On What You Want
If you are looking for a one bedroom apartment right in the centre of Paphos within walking distance to restaurants and bars, and your partner is looking for a rural villa with its own garden, neither of you are going to find a property for sale in Cyprus that suits your needs. Before you go looking for your holiday home, you and your partner need to sit down together and think about what you really need and want in your vacation getaway. Take into account all of the features that you and your spouse are looking for, and create a compromise that will make you both happy. You will save yourself many hours of fruitlessly searching as soon as you can develop a specific search image that suits both of your needs.
Make a Plan for Using Your Property
Now that you have determined what type of property for sale in Cyprus you will be looking and in what location, it is time to discuss with your partner about how you will be using the property. Will you be moving there permanently, staying there for half the year, or using it for a few weeks each year? When you are not using it, will you be renting it out to long term tenants or short term holiday-goers? Are friends, relatives and children able to use the home? Make sure that you both understand how you plan to use the holiday property so that there is no confusion.
The Legal Side
Although it is not the most romantic thing to think about, it is important to discuss the legal implications of purchasing a property for sale in Cyprus, such as whether both of your names will be on the deed, and what will happen to the property if you split up or if one partner passes away. If you have children, you will also have to decide whether they will receive a share in the property when you both are deceased. This can be a complicated process, so hire the services of a trusted lawyer to help you get it all sorted out.
These are a few of the important things to remember when buying a holiday property for sale in Cyprus. Once you are both on the same page and working together, you can look forward to many fantastic holidays on this beautiful Mediterranean island.
If you are looking at property for sale in Cyprus with your spouse or partner, here are some helpful tips.
by: James P Martin
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