LuxLife · FAQs
Questions buyers ask us
Straight answers about buying a LuxLife home, paying for it, choosing your finishes and living in Cyprus.
Buying from LuxLife
Can I buy directly from LuxLife?
You can buy directly from us or through an agent. Either way you deal with the developer from reservation to handover.
How do I reserve a home?
A reservation deposit of €10,000 takes the home off the market and holds it for you until the contract of sale is signed. If the sale cannot go ahead because of a problem on our side, the deposit is refunded. How the deposit is applied is confirmed in your reservation agreement.
Do I need my own lawyer?
Yes, and we recommend one who is independent of us. Your lawyer checks the contract, the planning and building permits and the title position before you sign, then registers your contract with the Land Registry, which protects your purchase.
What about title deeds?
For a resale home such as Three Palms Villa, the title deeds are already in place.
For a new home, title deeds are issued after the build is complete, once the final approval certificate has been granted and the development has been divided into separate titles. In Cyprus this often takes a few years. In the meantime your lawyer registers your contract of sale with the Land Registry, which protects your ownership until your title deed is issued.
Payments and VAT
How are payments made?
For a new home, the price is paid in stages as the build progresses, as set out in your contract, which confirms each stage and amount before you sign.
Is VAT payable?
New homes in Cyprus carry VAT at the standard rate of 19%, though a reduced 5% rate can apply to a buyer's main home if they qualify. A resale home, such as Three Palms Villa, carries no VAT. Your lawyer will confirm the VAT position for your purchase.
Your home
What is the owner website?
Every LuxLife buyer gets a private website for their villa. It shows your full specification room by room, lets you choose finishes and extras with clear prices and a running total, and lets you place your lights, sockets and other points exactly where you want them on your own floor plans. You see every decision, sign it off online and keep a record for years to come.
Can I choose my own finishes and upgrades?
Yes. You choose from the specification for each room, and for an upgrade you pay only the difference. Bespoke requests are quoted individually before you decide.
When will my home be ready?
Turquoise Sea Views is due for handover in April 2027. Dates for future developments are given in each contract.
Living in Cyprus
Where are your homes?
On the east coast, around Kapparis, Pernera, Protaras and Paralimni: sandy coves, year-round amenities, and Larnaca airport under an hour away.
What about residency and tax?
Our sister company, Best Select Investments, publishes guides to residency, tax and investing in Cyprus.
Guide to Cyprus residency and tax Inheritance and estate planning
Still have a question?
Ask us directly
Call or WhatsApp +357 99 857350, or email contact@luxlifecy.com.