Buyers Guide: Buying
Land/Plots in Cyprus
IDEAL LOCATION
Often cited as the most important attribute of
real estate, location identifies the physical features
of the property and defines its specific characteristics
within the context of surrounding properties. Make a criteria
of all features that would exist on the ideal piece of
land.
LAND REQUIRMENTS
List your criteria of all the features that would exist
on the ideal piece of land. Review the list, highlighting
your must-haves, such as a great view, privacy, or beachfront.
SIZE OF LAND/PLOT?
What's the minimum size plot of land you are willing to
consider?
WHETHER YOU CAN BUILD?
Whether you're seeking land as an investment,
or to build your ideal home, the first priority is to
determine what you are permitted to build on the desired
land.
FEATURES
Carefully evaluate the land site. Consider whether any
trees will have to be removed prior to building. You may
need permission from the local Council for their removal.
The existence and quantity of any rock should be ascertained
to determine whether it would be a feature or a hindrance.
Any streams, dams or watercourses on or near the site
should be noted, as if the land borders water, environmental
regulations may limit your ability to develop the land,
as you'd like.
ORIENTATION
The aspect
of the site and the quality of any views should be appraised.
A judgment should be made as to the likelihood of whether
any available view will be blocked out by vegetation growth
or by future building growth in the future.
ZONING
How the land
is zoned determines what can be built. Check with the
local authority and find out what your zoning designation
means, whether a zoning change is planned and how to obtain
planning permission. Ascertain what percentage of the
land can be built on and if there are any restrictions
on the height that you can build. Ask what kinds of setbacks
from the property boundaries are required. Check flood
maps to see if the property is in a flood zone. Also check
with the local Council as to whether there are any known
plans, for future nearby construction, which may affect
the value or desirability of the land.
UTILITIES
Are there nearby services for water, electricity and telephone?
If not, give consideration to the likely cost to bring
these services to the land. In most of Cyprus, there are
no public sewers, so a provision for a septic, must be
considered.
SOIL QUALITY
Depending
on the region, you may need soil borings to determine
how far down builders must go to excavate for your foundation.
Also, if you need to dig a well for water, find out how
deep you'll likely have to go.
TOPOGRAPHY
Hills or
steep slopes will affect what you can build and how much
it will cost.
ROAD ACCESS
Check that
the land has direct access to a public road. If your land
isn't accessible by a public road, there should be a deed,
with the title deeds, giving a right-of-way to access
the land.
OTHER CONSIDERATIONS
Check if the site is subject to flood restrictions. If
the site is prone to flooding, there may be problems obtaining
finance and insurance.
 
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