It is high time a comprehensive solution to the issue of ‘trapped buyers’ is found, the House labour committee concluded on Wednesday, as deputies stressed their determination to tackle the ...
Lawmakers heard on Monday that around 20,000 debtors should benefit from the planned establishment of special courts fast-tracking financial disputes between borrowers and banks, aimed at affording some protection to mortgaged ...
State-owned Cyprus asset management company Kedipes has repaid €1 billion to the state for the aid it received, since its inception nearly five years ago, according to chairman Lambros Papadopoulos.
“The ...
The director of the land registry provides information to an interested person for any entry or transfer in the land registry upon payment of a fee
There are various reasons ...
The national health system, introduced approximately four years ago, is costing the Republic of Cyprus and its people several billion a year. The compensation paid to doctors and other participants ...
Cypress Park, a distinct choice for retirement living with five-star services and facilities, is already under construction in Paphos and has been referred to by individuals who have already secured ...
Cyprus-based investor Alexey Gubarev has recently become the owner of the land where Sodap’s wine factory was for over €32 million, according to an announcement released this week.
The 38,827 square ...
Reservation fees are not refundable if the interested party backs out of the purchase
A property owner may take a reservation fee from an interested purchaser in exchange for taking ...
I have studied the proposal of the new government for how foreigners, from outside the EU, can become permanent residents and I’m trying to understand its purpose. Is the ...
Construction costs and demand keep property prices high
Housing prices in Cyprus continued their upward trajectory in the fourth quarter of 2022, driven by both increased construction costs and rising demand, ...
Luxury properties valued above €400,000 were the driving force in Paphos’ housing market in 2022
Cypriot firm Ask Wire on Thursday released a report examining the Paphos property market for 2022, including an ...
Leptos Estates is thrilled to announce the release of Block 8, the newest addition to the Mandria Gardens development.
Nestled along the stunning seafront of Mandria in Paphos, the newly-unveilled Block 8 ...
Experts on Tuesday warned that challenges in the real estate market amounted to a “giant problem” as the impact of external issues including inflation and high interest rates are becoming ...
This month, the largest property expo in Cyprus yet, REALTYon EXPO will bring together 3,500-plus attendees and 50-plus exhibitors, including property developers, ministries, real estate agencies, construction companies, investors, home ...
AN estate agent, in the exercise of his profession, provides mediation services, with the aim of carrying out a real estate transaction between a seller and a buyer. The relationship ...
Sublime tranquillity, and a unique array of on-site facilities are meticulously combined to offer a harmonious and well-rounded lifestyle in one of Limassol’s most sought-after locales. As a result, ...
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 ...