Property

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 ...

Siblings are not considered heirs when property disposed of by will The freedom of a person to dispose of their property by will is subject to a restriction concerning the ...

During holiday seasons, and especially the summer period, a lot of people go on holiday for a long period of time, with whole neighbourhoods practically being empty. For this reason ...

High rents and the cost of buying an apartment in Cyprus, and especially in Limassol, are among the main problems young people face today. This is a phenomenon that has ...

The special defence contribution is a separate tax imposed by Law to enhance the defence capacity of the Republic. Among those obliged to pay it are the shareholders of a ...

This democracy of ours is still discussing what to do with the Akamas park (which mainly comprises governmental land, as well as some privately owned plots) without any solution in ...

It regulates the private right to real estate and does not promote public purpose The decision of the director of the land registry on a property owner’s application for ...

Each country has its own regulations regarding real estate agencies. In Cyprus the Real Estate Agents Law, but when people come from abroad, they have their own country’s system ...

By Antoniou Markos, economist Acquiring real estate has always been one of the most stable investments the average person could make in their life. This is confirmed by George S. ...