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Announcement: Successful Legal Advisory on €1.6 Million Land Sale
KIKLON Partners, together with A.M. Mallas LLC, a licensed Cyprus law firm, successfully advised our clients on the sale of a plot of prime residential land for €1,600,000, located in the heart of Larnaca.
The engagement involved legal, tax and transactional support from the negotiation of the commercial terms through to final completion.
| Advisory Area | Scope of Work |
|---|---|
| Transaction Structuring | Advice on the sale structure, payment terms, completion conditions and allocation of contractual risk. |
| Legal Negotiation | Representation of the client during negotiations with the purchaser. |
| Sale Agreement | Drafting and negotiation of the sale agreement, including payment protections, representations, warranties, tax provisions, default remedies and completion mechanics. |
| VAT Compliance | Assistance with the registration of the clients with the Cyprus VAT authorities as an informal cooperation for the purposes of the transaction. |
| Capital Gains Tax | Liaison with the Cyprus Tax Department, coordination of the required supporting documentation and assistance with the calculation, payment and tax clearance process. |
| Completion | Review of the completion documents, coordination with the parties, and confirmation that the contractual and tax requirements were all satisfied. |
The transaction was successfully completed following satisfaction of the contractual conditions, settlement of the applicable tax obligations and coordination between the parties and their professional advisers.
This matter reflects our approach to significant real estate transactions: early legal involvement, commercially focused negotiation and continuous advisory support until completion.
What KIKLON Partners and A.M. Mallas LLC Do
KIKLON Partners, together with A.M. Mallas LLC, supports local and international clients, including individuals, investors and companies, across the full scope of real estate advisory in Cyprus.
Our services range from straightforward property purchases and sales to complex investment strategies and fully coordinated real estate projects.
⦾ Property buying and selling advisory
⦾ Real estate legal due diligence
⦾ Sale and purchase agreement drafting and negotiation
⦾ Commercial negotiation and transaction structuring
⦾ Real estate investment strategy
⦾ Deal sourcing and opportunity assessment
⦾ Tax, VAT and completion coordination
⦾ Financing and banking coordination
⦾ Property development and project advisory
⦾ 360 degree transaction and project management
By combining legal expertise with commercial and strategic advisory, we coordinate every stage of a transaction, from identifying and assessing an opportunity through to negotiation, contracting, completion and ongoing project support.
Our objective is to provide clients with one trusted point of contact, clear strategic guidance and complete oversight throughout their real estate journey in Cyprus.
To learn more about our Real Estate investment strategy services. Click here.
To learn more about our Property buying and selling services. Click here.
To learn more about our Buy side advisory services. Click here.
Everything Cyprus. One Advisor.
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