When buying a property in Cyprus, it is important to understand the process of obtaining title deeds. In particular, obtaining title deeds for a property that is still being built can be a difficult process, so it's important to fully comprehend the legal requirements and steps involved. This article will give a general overview of how title deeds are issued for properties that are still under construction in Cyprus, as well as an estimated time frame for a small development with only 8 apartments as opposed to a large development with 200 apartments.

The Immovable Property (Tenure, Registration and Valuation) Law of 1963 governs title deed issuance in Cyprus. The legal framework for property registration and title deed issuance is outlined in this law. The developer is in charge of securing all required licenses and permits while a property is being built, as well as making sure the building is done in accordance with the approved plans.

The developer must submit an application to the Land Registry for the issuance of title deeds after the construction is finished and the property has been examined and approved by the appropriate authorities. The required paperwork, as listed in the previous section, must be submitted with the application.

A small building with 8 apartments will likely require the issuance of title deeds to take between 6 and 12 months from the date that construction was completed. This time frame, however, may change based on the difficulty of the case and the effectiveness of the Land Registry. The time frame will probably be longer, possibly taking up to two years or more, for a large development like a high-rise building with 200 apartments. This is because there are more units and the case is more complicated.

It is important to keep in mind that, occasionally, technical difficulties or conflicts between the developer and the local government may cause the issuance of title deeds for properties that are still under construction to be delayed. In such circumstances, it is advisable to seek legal counsel from a property attorney who focuses on Cyprus property law.

In conclusion, obtaining title deeds for properties that are still under construction in Cyprus necessitates a thorough understanding of the procedures and requirements set forth by the law. Title deeds can be issued in a variety of time frames, but they are typically expected to take between 6 and 12 months for a small development with 8 apartments and up to 2 years or more for a large development with 200 apartments in a high-rise building. It's crucial to comprehend the procedure completely and to make sure that all the required paperwork is in order. A property attorney who focuses on Cyprus property law can offer important assistance and direction at various stages of the procedure.