Property

The end of the year 2021 saw no major alterations in Cypriot real estate. The lower end of the housing market directed towards locals, with properties in the region of €300.000-€500.000, ...

A case is referred to a competent court if it has jurisdiction The choice of the court before which a case is filed relates to its jurisdiction and in case ...

I wonder if the authorities are up to the job of carrying out their duties for the benefit of Cyprus and its people. The examples that I often provide are ...

A lawsuit is filed by the attorney-general or a person who suffered a special damage The activities of every individual, the state and the public authorities must respect everyone’s ...

With the war in Ukraine causing a range of short and long term issues, with the global economy likely requiring years to recover, Cyprus should shift its focus to the ...

A violation of Article 6.1 of the Convention was found and the re-opening of an appeal ordered The decision of the European Court of Human Rights (ECHR), dated January 9, 2018, in the ...

It is a fact that real estate development creates jobs and boosts the economy of Cyprus. Development is controlled by existing town planning zones, which set the building density allowed, ...

What was previously decided is not taken into account The retrial of a case may be ordered by the Supreme Court in exercising its appellate jurisdiction. The case is then ...

We believe that there should be a clarification as to what constitutes loss of property use and rental compensation for it. The subject has come up in a number of ...

A licence expires and is terminated upon the death of the licensee The licence to use a property gives the licensee only the right to use it but does not ...

British house prices are rising at the fastest rate since before the global financial crisis as a shortage of sellers continued to pump up the housing market, mortgage lender Halifax ...

From to time we write about some of the odd things going on in real estate that come to our attention. There are various scams and other things to look ...

It is conducted on the basis of affidavits, save the right for cross-examination Courts have the power to issue orders, interim or final, for parties to do or refrain from ...

Confidentiality should be safeguarded in commercial transactions Every transaction includes elements of confidentiality, especially with regard to the sale of assets, property, shares or in the event of agency, franchising ...

Public and private sectors need to work together to consolidate the real estate market The steady increase in property prices is a serious challenge that has not been adequately addressed ...

Real estate agents being granted access to property price data is beneficial to property buyers, Council for Registration of Real Estate Agents president Marinos Kineyirou said on Wednesday. This refers ...

The contribution in the acquisition of an immovable property is adjusted to its value at the time of the separation Property relations between spouses vary from case to case depending ...

Following the bad management of the Cyprus economy, which led to the eocnomic crisis, the initial response from politicians (who of course are primarily themselves to blame) was lukewarm when ...

Despite the recent improvement across a number of economic performance indicators, Association of Large Investment Projects president Andreas Demetriades on Tuesday called for a concerted response and an immediate course ...

The owner of another unit that is not affected, has no legitimate interest to file a recourse By George Coucounis The rights of owners of units in commonly owned buildings ...

There has been a worldwide effort to reduce the level of tax avoidance. We believe this effort can to an extent be aided by giving taxpayers some sort of an ...

Rental values for both apartments and houses rose during the fourth quarter of the previous year, according to a report released this week by independent real estate asset management and ...

By George Coucounis Very often, builders are employed to carry out repairs, construction or extensions in houses or other buildings, even to build them. The builder or the contractor, before ...

The Cyprus Land and Building Developers Association (LBDA) warned against the potential rise in VAT for property purchases, saying that this would harm both the economy and first-time buyers. The ...