Property

Advertisements for massive new construction projects in the north – with a focus near Trikomo – have sparked discussion across the divide, with many stunned at the scale and pace of change. “...

A total of 1,929 apartments and 864 houses were sold during the previous year Cypriot firm Ask Wire on Wednesday released a report detailing real estate sales, including houses and apartments, in ...

Akel general secretary Stefanos Stefanou on Tuesday addressed the pressing issue of housing affordability in Limassol, noting that the city’s homeownership and rental costs are much more pronounced compared ...

TANAS Development, an upcoming player in the Cypriot real-estate sector, recently unveiled plans for its new project, “TANAS One”. Nestled in Livadia, an area gaining popularity as Larnaca’s top ...

Lending is a contractual relationship based on the granting of a loan or banking facility by a banking institution to an interested borrower for a specific use. It requires an ...

Property sales rose by 20 per cent between January and the middle of May, compared to the corresponding period of 2022, according to the head of the Department of Lands and Surveys ...

Cyprus has various problems when it comes to carrying out projects, such as the unforgivable bureaucracy. In recent years there has been another big issue in the execution of public ...

It presupposes the issuance of a title deed and failure by the buyer to fulfil his obligations to the bank A collateral assignment agreement is commonly used by a property ...

Below are the top business stories from Cyprus for the week starting May 15: Tourist arrivals in Cyprus experienced an increase of 18.5 per cent in April 2023, compared to the same period ...

Council for Registration of Real Estate Agents president Marinos Kineyirou this week urged any stakeholders in this space to invest in cybersecurity measures in order to not endanger both their ...

Cypriot firm Ask Wire on Friday released a report examining the age of buildings in the city and suburbs of Limassol, helping to outline the trajectory of residential development over ...

The vice-president of the Cyprus Chamber of Commerce and Industry (Keve), Andreas Demetriades, this week highlighted the concerning issue of soaring rental costs, which, in many cases, exceed the means ...

Those involved in real estate know that the three most important variables to consider when purchasing a home are location, location, and location. Despite the cliché, location is vital, and ...

There was a 12.7 per cent decrease in the issuance of new building permits in Cyprus during the first two months of 2023, according to data released by the Cyprus Statistical Service (...

Buyers often complain about the inability to transfer units, either due to illegalities or due to titles not being issued, but on the other hand buyers themselves may not attend ...

A liquidator must be a licensed insolvency practitioner The liquidator of a company, if they are not the official receiver who by virtue of their office is qualified, must be ...

Below are the top business stories from Cyprus from the week starting May 8: The Deputy Minister of Shipping, Marina Hadjimanoli, emphasised the importance of competitiveness, resilience, and anticipation of new ...

Aphrodite Hills Real Estate is proud to announce that it is amongst the winning companies of the prestigious International Property Awards 2023, with three award-winning titles in three different categories. Aphrodite ...

The value of real estate sold in Cyprus during the first quarter of 2023 reached €1.7 billion, according to a report released on Monday by the Department of Land and Surveys. In ...

A legally terminated agreement ceases to be valid An innocent party to a property sale agreement, whether a vendor or purchaser, can terminate it without this having any legal effects. ...

There is an evident keen interest in installing photovoltaics on roofs or elsewhere, and based on the government subsidy programme, photovoltaic systems operate by offsetting the electricity produced and consumed. ...

Transfer of property made without free consent of the owner is voidable The unstable health of a person may lead another person from the close family and friends to take ...

Here are the top business stories in Cyprus from the week starting April 24: Cyprus’ shipping industry will continue to improve, according to the country’s Deputy Minister of Shipping, as ...

Calls for government intervention to support affected buyers and the real estate sector With property prices and rents continuing to spiral during the first quarter of the year, calls have ...