Property

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 ...

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. ...