Council of Ministers permission (Cap.109)
If you are not an EU citizen, acquiring immovable property in Cyprus requires permission from the Council of Ministers, applied for through the District Officer. It is a step, not usually an obstacle.
What it covers
Generally one residential property for personal use, or a plot up to roughly 4,000 m². Applications outside that shape are decided case by case.
Timing
Expect 2 to 6 months. It usually runs in parallel with everything else, so it rarely delays completion — but it must be granted before title transfers into your name. You can normally sign, pay and take possession while it is pending.
What you will be asked for
- A copy of the sale contract
- Passport copies for every buyer
- Evidence of the source of funds
- A clean criminal record certificate
- Details of the property, including its title and planning position
The foreign-ownership framework is under active review. Verify the current position before relying on this.
What we cite
Acquisition of Immovable Property (Aliens) Law, Cap. 109
This is an estimate for general information. It is not legal, tax or financial advice. Confirm every figure with a qualified Cypriot advocate and the Tax Department before signing anything.
Cyprus Property Cost