Property

Hundreds of ‘trapped buyers’ of property may never receive title deeds, as their purchases are tied to developers’ mortgages on buildings ridden with irregularities. Interior ministry permanent secretary Elikkos Elia, ...

Old and structurally unsafe buildings in mainly urban areas will be demolished and new, modern buildings will take their place through a new government plan. The cabinet approved a plan ...

Yiannis Kotzias, general manager of operations of residential rental platform Phaedrus Living, has come to the defence of short-term rental properties, amidst a wave of criticism aimed at the sector. ...

The relevant provision of Article 220 of the Companies Law Cap. 113 provides that in the event that a company liquidation order has been issued or a temporary liquidator appointed, no action ...

The added value of Cyprus’ construction sector at current prices increased by 8.9 per cent in 2022, reaching €1.44 billion, up from €1.32 billion in 2021, according to the findings of the Construction and Land ...

The environmental authority has recently approved the construction and operation of a substantial residential development within plot B of the Limassol Greens golf resort. This project, part of a larger €500 ...

Cyprus recorded the largest increase in housing transactions among EU countries in 2023, according to data released by the European Union’s statistical office (Eurostat). Eurostat reported that in 2023, the number ...

The number of homes worth $10 million or more that were sold in Dubai held steady in the first half of the year despite a drop in listings, an industry report ...

Building permit issuance in Cyprus saw a rise of 8.3 per cent in the period from January to April 2024, compared to the corresponding period of the previous year, according to a ...

Cypriot tech-driven analytics firm Ask Wire on Monday released a comprehensive assessment of fire risk in the Larnaca District, highlighting the distribution of properties within various fire hazard zones. The ...

The Type IA notice must state the amount due and the amount interest, not the interest rate A mortgagor whose mortgaged property is in danger of being sold at public ...

One of the major issues is that the supply of properties cannot keep up with demand The Cyprus Real Estate Agents Registration Council this week called on the government to ...

The buyer of an affected apartment is entitled to terminate their sale agreement and claim their money back and compensation for any damage suffered A seller who chooses to add ...

The top ten most expensive property sales in Cyprus exceeded €39 million in May of this year, with Limassol continuing to dominate the high end of the market, according to a ...

Cyprus is synonymous with real estate. In recent years, the real estate market in Cyprus has seen a surge in the popularity of off-plan properties. This may be because of ...

The issue is to put an owner in the position they would have been in if the consideration agreement had been fulfilled An owner who agrees to give their land ...

In small economies such as ours, investment opportunities are limited, especially those which can produce reasonable returns in relation to the risk involved. Due to the introduction of the national ...

A defendant has the right to know why they are being brought to court in order to be able to defend themselves It is the fundamental right of every defendant ...

By Ioannis A Pitsillos Navigating the VAT regulations in Cyprus is essential for anyone involved in property transactions or short-term rentals. This article provides a detailed overview of the VAT ...

State-owned asset management company Kedipes on Thursday announced cash inflows of €144 million for the first quarter of 2024, with the company also making a record payment of €140 million to the state, ...

The national court refers a legal question of interpretation of EU law and the acts of its institutions to the ECJ Article 1A of the constitution enshrines the supremacy of ...

The cost of buying houses and apartments has become a huge issue in recent years as is well-known. There is certainly also a problem in the level of residential rents, ...

The new projects that will turn it into a metropolis have not yet begun The city of Larnaca and the communities that surround it along its seafront are very high ...

Themis Portfolio Management invites the public to seize unique investment opportunities in plots of land available through an electronic auction from 12 to 28 June 2024. On the eauctions platform, Themis offers 186 fields ...