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May 16, 2025
Reading time: 13 minutes

Grants for young couples in Cyprus

The Cypriot government offers grants to young couples to help them get on the property ladder. These grants aim to reduce the initial financial burden and encourage homeownership among young families starting out.

first time buyer

Buying schemes

Key points

  • Grants help young couples reduce initial home-buying costs.
  • Eligibility depends on age, income, and residency.
  • Grant amounts vary but ease financial pressure significantly.
  • Applications require proof of eligibility to government authorities.
  • Check for combining grants with other schemes.

What are grants for young couples?

These are financial aids designed to support couples under a certain age buying their first home. The grants help cover part of the deposit or other upfront costs.

Who is eligible?

Eligibility often depends on age limits (usually under 35 or 40), income thresholds, and the couple’s residency status in Cyprus.

How much can you receive?

The grant amount varies but can significantly reduce the amount needed upfront, easing the financial pressure.

How to apply?

Applications must be submitted to the relevant government authority with proof of eligibility and supporting documentation.

Additional considerations

These grants may be combined with other schemes, but conditions apply. It’s important to check current government policies and deadlines.

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