Property

Two months ago, we wrote of our disagreement with the plan of the Limassol municipality to undertake an extensive housing development project in collaboration with the land development corporation (a ...

The Cypriot economy is expected to grow more than previously expected according to a report by the University of Cyprus Economic Research Centre. According to the report, Cyprus’ real GDP ...

The taxpayer pays for provident fund gambling Notwithstanding my 42 years operating in the real estate market of this country, I’m still learning from the wrongdoings and sick mentality that ...

It can be examined through a lawsuit and not in the procedure of administration of the estate of the deceased The duties and powers of an administrator of the estate ...

As the value of modern apartments has been increasing on the whole, there has been increased interest in the older units. If older apartments and buildings are maintained at an ...

Bribery in the private sector constitutes a criminal offence, and a court will not allow the recovery of any advantage received on its basis. It is a criminal act against ...

Companies that do not adopt the concept of sustainability will find themselves stranded By Yiannis Misirlis At a time when the planet is sounding the alarm, it becomes more necessary ...

The injunction secures the future execution of a court judgment When filing a lawsuit, a plaintiff can apply for an injunction to prohibit the defendant from the alienation or encumbrance ...

We have studied the announcement by the small shopkeepers association (Povek) warning the state not to reduce the subsidies being paid to shopkeepers. The union declared that approximately 20-25 per ...

Lawmakers on Monday began reviewing three government bills which would give credit acquiring companies (CACs) enhanced access to debtors’ financial data, affording the financial industry more tools to deal with ...

Aligns with EU law and regulates consumer protection issues The new legislation for the protection of consumers has come into force with the enactment of Law 112(I)/2021 to harmonie with ...

In an interview on the radio, the Limassol mayor announced an initiative of the municipality to get involved in the construction of over 600 housing units in order to help alleviate ...

Many people enter into an agreement for the purchase of the goodwill of a shop or other business activity. In fact, for this purpose a large amount of money is ...

The owner is responsible for paying communal charges to the management committee The management committee of a building complex is normally responsible for collecting the communal charges from occupants. The ...

We recently wrote an article about the need for quality retirement homes with all necessary facilities based on the American model. We talked about how family ties are not what ...

The criterion is whether their legal rights or financial interests are directly affected A person can be added as a party to an action pending before court if it is ...

In the past we have talked about real estate and celebrities and having a celebrity’s name attached to a certain project can affect property prices. The same applies to ...

No city is perfect, but it’s completely reasonable to want a city that allows you to feel safe. Whether crime statistics scare you or natural disasters do: it’s ...

Venus Minerals Managing Director Peter van der Borgh said that Cyprus has a ‘significant average gold content in a copper-rich area’ in Troodos. “The results of the sampling from the ...

By Pavlos Loizou, Managing Director, WiRE-FS Demographic and social changes are impacting the international housing market, and of course that of Cyprus. In the US, large companies and high-net-worth individuals ...

The director of lands and surveys is always obliged to issue a decision for the resolution of a boundary dispute When a dispute occurs regarding the boundaries of adjacent properties, ...

As the values of residential properties are recovering and older properties have become quite competitive by comparison to new units, it could be time to consider upgrading residential units. People ...

The law requires stamping of the contract of sale and not its deposition at the Land Registry for the examination of the application by an alien The acquisition of immovable ...

There are so many developments in the works on the island that in a few years there will be numerous options to keep those living here happy and busy. Here ...