What are the Cyprus Solicitors Fees when purchasing property
Most solicitors’ fees are 1% + VAT + Out of pocket expenses. For properties under €170,000 the usual fee is €1,700 + VAT + Out of pocket expenses.
It is always good to buy a company retainer if the lawyer offers this service as this covers you for many different services, such as the Cyprus Will for example.
The Retainer also protects you should any problems arise regarding your investment.
Your lawyer must always be independent, trustworthy and have no connection to the developer. Your lawyer must not gain from you choosing a specific developer.
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