WILL I HAVE TO PAY A RESERVATION FEE?
When you have found your ideal property, a non-refundable reservation fee of CY£ 2,000 will be due. The reservation fee forms part of a legal contract, which fixes the price as agreed at the time of payment, and guarantees you will not be affected by any future price increases.
This sum will be held by the lawyer, licensed property conveyancer or developer, and the contract of sale will be drawn up for your agreement and signature.
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