Property

Below are the top business stories from Cyprus for the week starting May 15: Tourist arrivals in Cyprus experienced an increase of 18.5 per cent in April 2023, compared to the same period ...

Council for Registration of Real Estate Agents president Marinos Kineyirou this week urged any stakeholders in this space to invest in cybersecurity measures in order to not endanger both their ...

Cypriot firm Ask Wire on Friday released a report examining the age of buildings in the city and suburbs of Limassol, helping to outline the trajectory of residential development over ...

The vice-president of the Cyprus Chamber of Commerce and Industry (Keve), Andreas Demetriades, this week highlighted the concerning issue of soaring rental costs, which, in many cases, exceed the means ...

Those involved in real estate know that the three most important variables to consider when purchasing a home are location, location, and location. Despite the cliché, location is vital, and ...

There was a 12.7 per cent decrease in the issuance of new building permits in Cyprus during the first two months of 2023, according to data released by the Cyprus Statistical Service (...

Buyers often complain about the inability to transfer units, either due to illegalities or due to titles not being issued, but on the other hand buyers themselves may not attend ...

A liquidator must be a licensed insolvency practitioner The liquidator of a company, if they are not the official receiver who by virtue of their office is qualified, must be ...

Below are the top business stories from Cyprus from the week starting May 8: The Deputy Minister of Shipping, Marina Hadjimanoli, emphasised the importance of competitiveness, resilience, and anticipation of new ...

Aphrodite Hills Real Estate is proud to announce that it is amongst the winning companies of the prestigious International Property Awards 2023, with three award-winning titles in three different categories. Aphrodite ...

The value of real estate sold in Cyprus during the first quarter of 2023 reached €1.7 billion, according to a report released on Monday by the Department of Land and Surveys. In ...

A legally terminated agreement ceases to be valid An innocent party to a property sale agreement, whether a vendor or purchaser, can terminate it without this having any legal effects. ...

There is an evident keen interest in installing photovoltaics on roofs or elsewhere, and based on the government subsidy programme, photovoltaic systems operate by offsetting the electricity produced and consumed. ...

Transfer of property made without free consent of the owner is voidable The unstable health of a person may lead another person from the close family and friends to take ...

Here are the top business stories in Cyprus from the week starting April 24: Cyprus’ shipping industry will continue to improve, according to the country’s Deputy Minister of Shipping, as ...

Calls for government intervention to support affected buyers and the real estate sector With property prices and rents continuing to spiral during the first quarter of the year, calls have ...

Cypriot real estate and technology company Ask Wire on Wednesday released the latest iteration of its property market index, updated to include the first quarter of 2023, revealing that property prices ...

The licence is personal, non-assignable and non-inheritable and expires upon the death of the beneficiary As part of its refugee housing policy, the state grants licences for the use of ...

At the end of last year Eurostat published comparative rents, with our own contribution, for apartments and houses in the capitals of various countries in Europe. The following refers to ...

The Cyprus Statistical Service (Cystat) announced on Friday that the price index of construction materials rose by 8.15 per cent in March, reaching 135.89 units. This is compared to the same period ...

Cypriot expat and business mogul John Christodoulou recently shared his experience of investing in real estate during the annual Real Estate & Construction Conference & Exhibition held at the Hilton ...

Cypriot fintech Ask Wire this week announced its partnership with the Ministry of Finance, where, as part of their collaboration, it will provide the Cyprus Tax Department with access to ...

Cyprus-based property management company Altia on Wednesday announced that it will be managing a new real estate portfolio known as ‘Starlight’, which will be added to the existing portfolio managed ...

Kineyirou said that the state needs to act to address the challenges in the Cypriot real estate market Council for Registration of Real Estate Agents president Marinos Kineyirou on Monday ...