Property

The assignment agreement is increasingly being offered as a means of securing lending instead of a mortgage and is now being adopted more by banks for customer lending. The borrower ...

The Interior Ministry this week highlighted a rising demand for apartments, linking this trend with the number of people who have utilised housing assistance provided by revised support schemes. This ...

Cyprus needs bold solutions to address its housing crisis, according to Yiannis Misirlis, president of the Cyprus Land and Building Developers Association (LBDA). Speaking at a conference titled “Housing Policy: ...

Opposition Disy on Monday called for a “holistic” approach to tackling the problem of affordable housing, while for its part the government promised more programmes to help young people get ...

Located on Cyprus’ stunning western coastline, the scenic area of Paphos represents a unique blend of natural beauty, ancient heritage and modern comforts. Offering everything from breathtaking sea views to ...

New home sales in Cyprus reached €1.9 billion during the first nine months of 2024, according to a report from Nicosia-based firm Landbank Analytics. According to the report, this figure represents a 25 ...

The Construction Materials Price Index recorded a slight decrease on an annual basis for September 2024, according to data from the Cyprus Statistical Service. The index reached 117.27 points during this time, ...

In the exercise of its discretion, the court may invoke the law of equity and order the specific performance of an agreement relating to immovable property, in the context of ...

Limassol is undergoing an unprecedented real estate boom that has captured the attention of investors and homebuyers. With developers and projects like YOO Limassol setting new standards in luxury living, ...

The Cyprus Mail’s Souzana Psara caught up with Cyprus-based marketing agency CAPSBOLD’s PR Director Olga Loktionova at the Elevate Summit 2024 in Limassol, where they discussed how branding, influencer ...

The latin term ‘pari passu’ is used as terminology in legal, financial and other areas of everyday business and conveys the meaning of equal and proportionate treatment without priority. In ...

The parties to a rental agreement normally agree as to the use of the demised premises and a term is included obliging the owner to sign any necessary application for ...

Limassol led the way in Cyprus’ high-value real estate transactions in August 2024, contributing significantly to the total of €20.9 million in sales across the island, according to real estate analytics firm ...

The introduction of the notary, who is an officer of preventive administration of justice, in Cyprus, as it exists in Germany and other countries, will solve several problems that constantly ...

Illegal real estate agents continue to defraud unsuspecting buyers and tenants, extending their reach into occupied territories, according to the Cyprus Real Estate Agents Registration Council. However, council president Marinos ...

The division of a piece of land into separate plots constitutes an important procedure which is subject to the town-planning restrictions on the land, the requirements set by the law ...

As strange as it may seem, the availability of a sufficient amount of water, or lack of it, has a direct effect on real estate demand and prices, especially in ...

The number of building permits issued in Cyprus experienced a significant surge in June 2024 as local authorities worked to process a backlog of delayed applications. The rush to clear the ...

The Nicosia property market is experiencing strong demand for second-floor apartments, according to real estate analytics firm Ask Wire. The company also reported notable differences in asking prices, with amounts ...

The Cyprus Borrowers Association (Syprodat) this week expressed “disappointment, discouragement, and a sense of failure” among trapped buyers, who are effectively paying off the debts of property developers from whom ...

Foreign investors in Cyprus are increasingly shifting their focus from luxury properties to more affordable housing, driven by a desire for residency permits rather than citizenship. This shift, according to ...

The disposal of a property through a will is similar to disposal of a property by way of a gift during one’s lifetime, an act which demonstrates the love ...

Renovation work is currently in full swing at the historic Berengaria Hotel in Prodromos, one of Cyprus’ most historic mountain resorts. The well-known residential and commercial developer BBF is spearheading ...

Every lawyer must have as a primary concern the interest of the client, who often seeks advice in view of investment, activity or property development. They should be honest, sincere ...