Property

‘There is a remedy available to the landlord when the tenant’s reply is accepted by the court without payment of the rent’ THE new provision added to the rent ...

There has been discussion recently about the certificate of final approval (CFA) for someone to occupy a building or unit and whether such a thing is necessary. It is quite ...

“The letter of guarantee safeguards the fulfilment of transactions” A letter of guarantee constitutes a strong security of fulfilment of contractual obligations and gives credibility to the transactions. The letter ...

“The buyer of a property through auction is considered bona fide and safe” The process of selling a property through auction as well as its transfer, according to the provisions ...

Following the abolition of the Cyprus citizenship by investment programme over the scandal of selling passports, attention has turned to the scheme for permanent residency visas. This had already existed ...

A new index created by WiRE FS shows that the prices of Cyprus property, across most categories, fell in the first quarter of 2021. Rents also recorded a drop in most ...

It was recently decided that the historic school of Phaneromeni is to be converted into an architecture school of the University of Cyprus. Some objected to this, but many including ...

There is great confusion when it comes to apartment size and how it is calculated. Different companies and developers each have their own method of calculating, so, often, buyers don’...

For a limited time, Altamira Real Estate is launching a new campaign, offering over 180 selected residential plots and fields in mountainous, buffer zone and disadvantaged areas across Cyprus. Having launched ...

This year on the occassion of National Tree Day, the government decided to give away young trees to the public in order to encourage the planting of trees. The response ...

Despite the European financial crisis and general real estate market decline, Karma Group, led by Nicolas Karoullas, has improved its financial performance, and recently completed the largest project in the ...

As entertainment establishments, like restaurants, bars and cafes, reopen, their operators should have certain factors in mind. Things are not as easy as they were before the pandemic and resulting ...

By George Coucounis A relationship that is based on trust, between relatives or business associates or otherwise, may lead people to open a joint bank account. Such an account operates ...

Leaving behind one’s country for economic/professional reasons is tough on both the immigrant and his friends/family, causing a lot of heartache all around. Since its independence (1960) Cyprus ...

The government warned opposition parties for the umpteenth time on Wednesday that changing the foreclosures legislation would have negative consequences on banks and possibly create the need for fresh capital. ...

The land registry is carrying out its third property evaluation since 2013 with the results expected to be made public at the end of the year, it was reported on Monday. ...

“Due diligence protects the potential purchaser in his choice” The term due diligence refers to the process usually initiated by the buyer of an immovable property or a business, through ...

There are the parameters nowadays, which could make it the right time for the creation of small scale real estate investment funds in Cyprus. Our opinion is based on the ...

“It can be renewed if the conditions set by the law are cumulatively met” The creditor who secures a court judgment against a debtor can register it with the land ...

Thanks to Brexit we have gone back in time when it comes to British nationals buying real estate in Cyprus. As circumstances stand at present and without a change in ...

“A requisition order is an exceptional measure to cover only urgent needs” The requisition of an immovable property intends to serve the public and is an exceptional measure to cover ...