Property

A two-pillar solution to stop the ever-increasing rents There has been a change of pace in the real estate sector in Limassol. The increased demand from the local market for ...

Cyprus’ non-performing loan (NPL) ratio rose to 11.4 per cent in the first quarter of 2022, according to a report released this week by the Central Bank of Cyprus. The NPL ratio ...

Karma Developers have proudly completed and delivered one of their most inspirational projects along the island’s east coast: the EDEN Residences. On the evening of July 8, Karma Team and ...

Value added in the construction sector in Cyprus dropped after 5 years of growth in 2020, according to the construction and land development survey conducted by the Cyprus Statistical Service (Cystat). The ...

Cyprus’ real estate sector is exhibiting resilience and adjustability, Council for Registration of Real Estate Agents president Marinos Kineyirou said on Monday. However, Kineyirou warned that the market will become ...

A partner is personally liable for fulfillment of obligations of the partnership A partnership is formed by people conducting joint business for profit and is not considered to have a ...

We are very often faced with the question of whether improving the quality of a project will pay off. This is not an easy question and the answer depends, amongst ...

Real-estate sales in Cyprus rose 39 per cent in the first half of this year over the same period last year as people turn to property as a safe investment in ...

A condition in a lease agreement that in the event the property is sold the lease will be terminated is applicable If a remedy is pursued in an application for ...

Homes that are 30-40 years old are likely to need improvements to meet today’s standard of living, especially houses which were built according to the owner’s specifications at ...

The tenant can apply to the rent control court for leave to file a reply A tenant’s right of access to the Rent Control Court when arrears of rent ...

Justice does not function in vain Justice cannot function in vain, so any action or other court proceedings are not maintained when it is found that they have no object ...

Our office spoke over the phone to a Reuters journalist who wondered why there has been no strong reaction from Cyprus to EU proposals such as banning the purchase of ...

The Association of Large Developments (Sma) on Friday said that Cyprus should strive to become an international development and business centre, noting that large projects have been the cornerstone of ...

360 Nicosia tower is the tallest building in the capital of Cyprus and the landmark project of Cyfield Group. While most of the skyscrapers in Cyprus are still on the way ...

The law gives the purchaser the right to issue the title deed of the property purchased Deposition of a sale contract at the land registry safeguards the rights of the ...

Strange as it may seem, water availability affects real estate demand and prices, especially regarding foreign buyers who have a choice of countries. This market from abroad until recently brought ...

Construction companies and other industry stakeholders continue to be faced with the persisting challenges posed by rising domestic inflation, as well as the adverse effects of global supply chain disruption ...

Liquid fuel prices in Cyprus increased by 33.63 per cent between January to May 2022, according to data by the Cyprus Statistical Service (Cystat) and subsequently processed by the Cyprus Consumers Association. ...

A person who is employed by a licensed real estate agent can be registered in the Registry of Assistant Real Estate Agents An assistant real estate agent is someone employed ...

You may have seen in the news recently that in certain Italian villages there are properties of offer for as little as €1. The villages are mainly in not so sought ...

It is possible to acquire a passage if land is enclosed or existing passage is insufficient Article 11A of the Immovable Property Law, Cap.224, provides for two separate cases for ...

For the locals, it is common to own shares of real estate. This form of shared freehold ownership comes about mainly through inheritance as parents pass on one propert to ...

In case of an absolute assignment of a debt, the assignee has the chose in action An assignment agreement regulates the rights of the assignor and the assignee, especially when ...