Property

State-owned Cyprus asset management company Kedipes on Tuesday announced revisions in pricing for existing restructured loans. According to a written statement, this decision arose after cumulative increases in the interest ...

The government will soon roll out its ‘Mortgage to Rent’ scheme after getting the green light from the European Commission, a senior official briefed MPs on Monday. Giorgos Panteli, permanent ...

The reform of local government must come through its essential modernisation Local self-governing authorities that are capable of responding to their mission in the modern era, with powers and responsibilities ...

Something is changing in Larnaca, with many projects going on the public and the private sectors. There is the ongoing fixing up of the old city, extending from the coastline ...

By Patricia Jordan ‘High summer’ in the garden here brings out the amazing flowers of tropical and semi-tropical trees. If you live along the coastline then you will be able ...

Here are the top business stories in Cyprus from the week starting June 26: Bars and restaurants across Cyprus experienced a notable decline in occupancy rates, with the drop in guests ...

Cyprus-based PropTech startup buildbuild, which develops software for managing construction projects and increasing their marginality in the small and midsize (SMB) sector, announced this week that it has raised $1.25 million ...

Council for Registration of Real Estate Agents president Marinos Kineyirou on Wednesday said that the organisation’s efforts have helped to correct the misconception about the use and purpose of ...

Despite dire warnings from the government and the Central Bank, MPs on Monday decided to send on to the House plenum for a vote four legislative proposals amending the foreclosures ...

An immovable property is transferred and registered in the name of the trustee A person wishing to transfer an immovable property to a loved one or any other person, can ...

Cyprus has a problematic legal system through which it takes a very long time to secure a court decision, with the end result being that those in the wrong get ...

Interior Minister Constantinos Ioannou on Wednesday presented the support plan ‘ktiZO’ for renovation and new apartments at refugee housing estates. Speaking at the conference, Ioannou announced that the non-profit organisation ...

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 ...