Property

Banks are obliged to act on the terms agreed with clients when opening the account The opening of a joint bank account in the name of more than one person ...

Following my own experience when trying to correct the mistakes made to my house during construction, I am not at all happy regarding the quality of the supervision of some ...

Finding the ideal residence is daunting, and can get even more complicated when investing in a luxury property. After all, the concept of luxury does not refer only to the ...

Despite the accumulated challenges it faces, the real estate sector in Cyprus continued to display its resilience during the third quarter of 2023, the Real Estate Agents Registration Council said on ...

The decisive factor is the granting of exclusive possession for a fixed period at a stated consideration There are many cases where there is confusion as to whether the legal ...

In order to obtain a permanent residence visa one needs to purchase a housing unit with a minimum value of €300,000. However, I have been informed that, in some cases, real ...

Here are the top business stories in Cyprus from the week starting October 23: Cyprus witnessed a significant increase in its government debt-to-GDP ratio at the end of the second quarter ...

Despite numerous challenges stemming primarily from rising loan interest rates, persistent inflation, the repercussions of the war in Ukraine, and the ongoing shockwaves of the coronavirus pandemic, the Cyprus real ...

Cyprus is a treasure trove of historic buildings and cultural landmarks, many of which have been designated as listed properties. These historical gems offer not only a glimpse into the ...

Cyprus’ real estate market witnessed a record number of sales during the second quarter of 2023, reaching a level not seen in 15 years, according to a report released this week by ...

The government on Tuesday announced its plan to tackle ‘the housing problem’ as it said that €77 million will be spent over the next five years. Some people will be eligible ...

Cypriot fintech firm Ask Wire on Monday released a report detailing the total value of the ten most expensive property sales that took place in September 2023, the result of a ...

Asset management doValue Cyprus announced on Monday that it has teamed up with Ablebook to pioneer an initiative focused on fostering inclusivity and accessibility in Cyprus. Ablebook, a groundbreaking application ...

The representation of another person presupposes the existence of authorisation mainly through power of attorney and the transaction carried out is valid and binding on the principal. According to the ...

Will this be the solution to the problems of apartment buildings? By George Mouskides In order to avoid misunderstandings, we have to admit that there is currently relevant legislation regulating ...

Cyprus is facing a critical situation when it comes to being able to access housing, with numerous indicators painting a grim picture that demands immediate attention, according to Marinos Kineyirou, ...

The department of town planning and housing and the municipalities acting as town planning authorities are materially responsible for the granting of town planning permits, authorising building or the execution ...

Climate change is a reality and as the UN secretary-general anxiously stated, “the planet has exceeded safety limits”. The European Union is encouraging the installation of solar, photovoltaic and other ...

Cyprus’ construction sector has seen significant developments in the third quarter of 2023, with both price indices and production on the rise, according to a report released this week by the ...

The interior ministry on Wednesday announced it will be simplifying the application process for low-risk developments through changes in the legislation. The legislation will abolish the obligation to secure a ...

The Cyprus property market is witnessing a downturn in the issuance of construction permits, with a simultaneous increase in the total value of authorised units. This trend is evident in ...

There is a strong indifference exhibited by both authorities of the state and professional associations in the real estate sector. It is rare for the latter to submit a proposal ...

Citizens should be involved in the protection of the environment The right to a healthy environment is a fundamental human right that has not yet been enshrined in international conventions ...

Here are the top business stories in Cyprus from the week starting October 2: The Governor of the Central Bank of Cyprus (CBC) Constantinos Herodotou on Friday used his keynote address ...