I would be most glad if someone can share what they know about this topic below. Based on my prior internet search about property sales in Cyprus, I understand that there has been a lot of fraudulent activity in the past. Let me just point out that I am only trying to find out what the rules and regulations about the matter below are and do not intend to sell anything over the internet.
My family has recently obtained the deed of a house that originally belonged to my grandparents (and was vacated during the conflict). The property is located in "Old Larnaka" and has two separate homes situated on it. We wish to sell this property but are unsure about the associated paperwork. We have heard that such property (the individuals whose names are presently on the deed are dual citizens of both Northern and Southern Cyprus) can only be sold with government approval, but are not aware of further details. Can anyone please refer me to any sources (unfortunately it has to be in English, as I do not speak any Greek) that explain the process?
If those kinds of resources are absent, would anyone at all be able to briefly explain what the process entails, how long it might take and what kind of fees (except any sales commissions that is) are to be expected?
Thanks in advance for the help.