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May 26, 2025
Reading time: 15 minutes

How to apply for home buying schemes in Cyprus

Applying for home buying schemes in Cyprus involves gathering necessary documentation, understanding eligibility requirements, and submitting your application to the relevant government bodies or developers. This article guides you step-by-step through the process.

first time buyer

Buying schemes

Key points

    Step 1: Identify eligible schemes

    Research available government and developer schemes that fit your profile, such as grants for young couples or subsidies for permanent residents.

    Step 2: Gather documentation

    Prepare all required documents including proof of income, residency status, identification, and details of the property you intend to purchase.

    Step 3: Submit application

    Applications are typically submitted to the Housing Department or directly to developers offering the schemes, either online or in person.

    Step 4: Follow up and approval

    Stay in contact with the relevant authorities to track the status of your application and provide any additional information if requested.

    Step 5: Receive grant or subsidy

    Once approved, the financial aid will be credited or applied towards your home purchase according to the scheme’s rules.

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