Cyprus Business Now: weekly wrap-up
Here are the top business stories in Cyprus from the week starting July 31: Hellenic Bank on Tuesday announced that chief executive officer Oliver Gatzke...
Property
‘Cyprus property market better in 2023 but no meaningful conclusions yet’
The Cyprus Real Estate Agents Registration Council on Wednesday noted that the local property market has performed better during 2023, although it looks forward to...
Cyprus property prices surge — foreign buyers contribute to rising demand
The housing market in Cyprus experienced a notable upswing during the first quarter of 2023, as property prices continued to soar, particularly in the apartment...
The rights of property co-owners
The right of ownership takes precedence over possession, unless it was acquired as a privilege or right and registered with the land registry The right...
Development in mountain areas
There has been an increased interest in the mountain areas, especially those in the Troodos region, and the market is thriving. The relatively recent purchase...
Cyprus rental costs on the rise across all property types
Cyprus’ rental prices across all property types experienced a rise during the second quarter of the year, according to a report released on Thursday by...
Three residential opportunities in Neo Chorio, Timi and Mitsero
A beautifully-listed residential property with a pool in Neo Chorio Paphos, a two-storey five-bedroom house in Timi, or a luxurious four-bedroom residence in Mitsero? Whatever...
Cyprus property market: illegal real estate agent exposed
Real estate agent council determined to safeguard profession from illicit practices In what was described as an “unbelievable incident” exposing the audacity of illegal property...
Failure to deposit a sale contract at the land registry
Late deposition may be permitted by a court order If a buyer fails to deposit a sale contract they have entered into for the purchase...
Development and the environment
The environment is not being taken seriously by individuals or by the competent authorities when it comes to building developments. Of course, there has been...
