The biggest one remains using the agent’s recommended lawyer. The seller earns money on completion, which is not the same as looking after your interests. An independent lawyer costs a modest share of the price and is the single best safeguard.
Putting your name to untranslated contracts ranks close behind. A sworn translation is inexpensive next to what is at stake. Promises made in conversation carry no weight when the written text differs — the contract is what counts.
Purchasing off-plan on trust has damaged many budgets. Before any payment, review what the company has already delivered, the planning approvals, and the guarantees on staged payments. Late deliveries happen frequently even with reputable builders; unfinished projects are the exception but genuinely ruinous.
Forgetting about resale is less obvious but just as costly. Any cyprus property for rent will one day be sold, braga real estate and kato paphos real estate the pool of future buyers determines the price. A unit attractive only to a narrow group takes longer to sell when sentiment turns.
Last of all, many buyers misjudge the annual paperwork. Local tax returns may be required even in years with no rental income, and late filings attract charges that grow over time. Arranging professional help from the first year avoids most of it.
