Buying Property Directly From Developers – Risks & Benefits
Buying from a developer is popular in Cyprus — but it is not risk-free.
Benefits
• Brand-new property
• Modern design
• Flexible payment plans
• VAT transparency
Risks
• Title deeds delays
• Developer mortgages
• Construction delays
• Quality issues
Critical Checks
• Developer’s track record
• Financial stability
• Land ownership
• Bank mortgages
Mentor’s Advice
Developers are not bad — blind trust is.
Vatsino offers paid mentoring sessions for buyers and investors.