Property

Cypriot real estate data analytics firm Ask Wire on Monday released a report outlining the ten most lucrative property transactions completed in Cyprus during 2023, along with additional analysis pertaining to ...

The real estate market in Cyprus appears poised for a challenging year, marked by organic, market-driven price reductions, which may be offset by supply chain disruption, stemming from geopolitical conflicts, ...

The European Commission has given the nod to the levying of the reduced 5 per cent VAT on first homes in Cyprus, the finance minister revealed on Monday. Makis Keravnos made ...

The right to a prior hearing is a fundamental right enshrined in the Charter of Fundamental Rights of the European Union, Article 41(1)(2), which provides that every person has the right ...

Mafia on both sides of the divide in Cyprus seem to be cooperating in selling off Greek Cypriot properties in the north to foreigners, HP party leader Kudret Ozersay said ...

This year citizens will vote to elect their representatives at the local level who will undertake the implementation of the reform in their department, municipality, community and district. Leaders of ...

The question of whether to swap a house for an apartment comes up quite regularly for homeowners who have reached a certain age. Circumstances change. Children grow up and leave ...

The annulment of an act or omission of an administrative authority does not automatically create a right to compensation In a decision issued by the Supreme Constitutional Court on December 14, 2023 ...

The mortgage burdens the share of the plot and the building and not the apartment During the construction of apartment buildings, in their attempt to sell apartments, developers often facilitate ...

It is rare that I praise civil servants in my articles. The failings of public services are well known and reported on regularly, but there are some noticeable exceptions. I ...

Amidst the ongoing Israel-Gaza conflict, concerns about the safety and stability of Cyprus for potential property investors have surfaced. However, Cyprus property market stakeholder Chris Michael released a statement assuring ...

The real estate market in Cyprus witnessed significant activity in high-value property transactions during the month of November 2023, according to data released by Ask Wire, a Cypriot firm combining real ...

A property lawyer’s Christmas wish list By Eleni Philippou Over the last twelve months I have had to console weeping or irate clients, explain and justify the unjustifiable and ...

Cyprus, a gem in the Mediterranean, has long been a magnet for students seeking quality education in a picturesque setting. The real estate market here offers a unique blend of ...

The owner has the choice of whether to allow the sub-tenant to stay in their premises One of the grounds for evicting a statutory tenant is subletting despite this not ...

In my previous article I talked about the introduction of a new tax on the sale of real estate, to be paid by the seller, and I wondered how the ...

Limassol’s striking new business hub invites prospective moguls on an immersive experience, to explore its game-changing elevated workspaces Neocleous Tower is a modern, sustainable, office building in central Limassol, ...

The legal profession in Cyprus can only be exercised by registered and licensed lawyers, with the exception of a physical person, being a litigant, who can represent themselves before the ...

A new property tax was introduced in 2021, but because of a mistake at the House, the tax didn’t actually come into effect until 2022. It is a tax of 0.4 per ...

Recent developments in the Cyprus real estate market have highlighted a significant shift in buyer interest toward the occupied territories, with pricing identified as a key driver, rather than the ...

The north’s ‘deputy prime minister’ Fikri Ataoglu was the latest high-profile politician to weigh in on the matter of property sales in the north on Friday, saying “we do ...

Cyprus witnessed a contrasting trend in construction permits during the January to September 2023 period, with a reduction in the total number of licenses issued but a significant increase in their ...

The north’s ‘interior minister’ Dursun Oguz on Tuesday called for stricter implementation of laws regarding the sale of property to third country nationals. “The first measure we are trying ...

Government legislation affording extra protections to distressed borrowers with their homes on the line will go the plenum for a vote later this week, it emerged on Monday. The first ...