History
of Abbey Estates
Abbey
Estates
was formed
in 2002 to
introduce
an independent
and professional
Estate Agency
service to
Northern Cyprus,
our success
and growth
has been attained
organically
by offering
a consistent
and unbiased
service.
We are a family
run business
and have been
resident on
the Island
for in excess
of 22 years
and have gained
an immense
knowledge
of the growing
property market
including
all the benefits
and pitfalls.
We have built
solid relationships
with the leading
construction
companies
and sympathetic
local builders
alike who
have long
standing family
roots within
the local
communities.
We pride ourselves
on offering
the complete
service; we
guide our
valued customers
through the
whole process
from start
to finish
and are grateful
for the long
standing friendships
we have formed
with many
of our clientele.
We have never
had the need
to mass advertise
as almost
all of our
business comes
from personal
recommendations
for past clients,
which we value
greatly.
Buyers'
Guide
It
is not at
all difficult
to purchase
your dream
home in the
T.R.N.C.,
in fact, the
hardest part
will be selecting
a property
from our extensive
portfolio!
However,
there are
a number of
lengthy in-depth
checks carried
out by the
Ministry of
Interior,
mainly to
determine
that the property
titles are
free from
encumbrances,
this of course,
is of benefit
to you, the
purchaser.
So
what is the
process for
buying a freehold
property?
-
Decide
on a property
and agree
a price.
-
Contracts
will then
be drawn
up by
a solicitor,
setting
out the
terms
of sale:
price,
timescale,
purchaser
and vendor
details
and any
other
relevant
conditions
including
the payment
plan for
new-build
properties.
-
Signing
of contracts
by vendor
and purchaser.
-
Purchaser
provides
an agreed
deposit.
-
Solicitor
applies
for your
purchase
permit from
the Council
of Ministers.
-
Once
the purchase
permit has
been issued,
the remaining
balance
is due from
the purchaser.
-
The
vendor
will then
sign the
title
deed into
the name
of the
purchaser,
stamp
duty will
be paid
and this
is known
as transfer
of title
deeds.
THIS
COMPLETES
THE SALE
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