Property

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 ...

We live in an era of innovation and many governmental institutions, organisations and private companies try to promote innovative products and services. These include selling of products around the world ...

Α statutory tenant can be ordered to be evicted even if he pays the rents due The relationship between a property owner and a tenant is regulated by a tenancy agreement ...

Real estate market sees €1.4 billion in property transfers, while sales documents hit €3.3 billion The Cyprus real estate market showcased remarkable resilience amid prevailing challenges, marking impressive achievements from January to ...

The Nicosia district saw residential sales totalling €118.8 million during the third quarter of 2023, according to a report released on Wednesday by Cypriot firm Ask Wire. Ask Wire, a firm that ...

Once or twice a year in Cyprus we experience heavy rain and storms, which cause damage to the infrastructure and to buildings. Numerous readers contact my office to ask who ...

The mortgage to rent (MtR) scheme for vulnerable lenders will come into effect on December 4, finance ministry permanent secretary George Panteli said on Friday, presenting the scheme at a press ...

Turkish Foreign Minister Hakan Fidan said on Wednesday he will “raise the issue” of Israelis buying property in the north with the Turkish Cypriot authorities. Fidan was quizzed by the ...

Α Larnaca resident, owner of a residential apartment, this week sent a letter to the House Standing Committee on Internal Affairs, advocating for changes to the legal framework regulating multi-owner buildings. ...

Part of the estate may be sold to facilitate distribution The administration of the estate of a deceased person is regulated by the relevant law, which provides who can be ...

Our island is in need of a lot more green. The Ministry of Agriculture is encouraging tree planting, as are charity organisations and others. A lot of this is done ...

The Cyprus Council for Registration of Real Estate Agents this week announced a staunch stance against any collaboration or support offered by licensed real estate agents to individuals operating unlawfully ...

Construction sector described as the engine of the Cypriot economy Cyprus Land and Building Developers Association (LBDA) president Michalis Hadjipanayiotou on Thursday lauded the local property sector’s robustness, reflected ...

Within the coming week, the demolition of the first condemned refugee apartment buildings within the Latsia municipality will begin as part of the initial phase of the plan to demolish ...

People often complain that in Cyprus sinking funds are not generally created for commonly owned properties, such as apartment buildings and comprehensive development projects. The common expenses of a building ...

A company should preferably not be dependent on two directors with 50 per cent of its shares each The shareholding or management structure of a company may create problems when a ...

Cypriot firm Ask Wire, a technology-informed real estate company, on Thursday released its quarterly report for the local property market. The report indicated a mixed outlook for the real estate ...

Cyprus has seen a 7.3 per cent reduction in the number of building permits issued during the first eight months of 2023 when compared to the same period the previous year, according ...