#property

The value of real estate sold in Cyprus during the first quarter of 2023 reached €1.7 billion, according to a report released on Monday by the Department of Land and Surveys. In ...

Cypriot real estate and technology company Ask Wire on Wednesday released the latest iteration of its property market index, updated to include the first quarter of 2023, revealing that property prices ...

Kineyirou said that the state needs to act to address the challenges in the Cypriot real estate market Council for Registration of Real Estate Agents president Marinos Kineyirou on Monday ...

Looking at many advertisements for the sale of real estate, one wonders if the managers, owners or investors involved with these properties have the ability to dispose of them in ...

More than 7,000 properties, whose total value exceeds €1.5 billion, are currently available on the market from banks, property management companies and debt buyers, according to a sectoral analysis report by Cypriot ...

The court has power to issue an order for the cancellation of a mortgage when the obligation secured has been paid off or ceased to exist A mortgage creditor has ...

No order for the recovery of possession of a property can be set aside if there is no compliance with the order of the court The recovery of possession of ...

In the event that termination of a sale contract for immovable property is held invalid, the purported termination constitutes a breach, resulting in consequences to the party in default Every ...

A Paphos holiday timeshare resort is closing at the end of the month with owners who invested thousands losing out Hundreds of disgruntled timeshare owners at Paradise Kings Club in ...

Russians were by far the largest group of foreign real estate buyers in Cyprus during the first two months of 2023, according to data from the department of lands and surveys, ...

Increased property availability could help to stimy soaring rental prices The city of Nicosia could have an additional 10,180 apartments, which could alleviate rising rental costs and soaring real estate prices, ...

The Cyprus real estate market enjoyed a strong second half of the year, pushing the total value of all property sales to €5.8 billion for 2022, according to a report released this ...

House prices in Cyprus continued to rise during the third quarter of 2022, primarily due to elevated construction costs and increased demand from both foreign and local buyers, according to a ...

Could taxing idle properties be the answer to the market’s inability to meet demand? The city of Limassol could have an additional 8,000 apartments, with many swathes of land currently ...

The Council for Registration of Real Estate Agents on Monday released a statement saying that the total value of all real estate sold in Cyprus in 2022 reached approximately €6 billion. “Amidst ...

Disposition made with intent to defraud a creditor is deemed to have been made fraudulently and may be set aside by a court order The court can set aside disposition ...

Cyprus is considered a safe country, perhaps the safest country in the EU. The importance placed on security, however, when it comes to the real estate market has been rising. ...

2022 in review: cheaper housing is in short supply There’s a lot to whine about and I’m generally pretty good at it, so here goes: decent housing is largely ...

The district officer gives consent to the EAC to extend its network through a property, after consulting with the local authority The Electricity Authority of Cyprus often needs to extend ...

Equivalent to participation in defrauding a property owner and taking away their property The lack of adequate supervision and control of certifying officers provides the possibility of defrauding owners of ...

Antonis Loizou F.R.I.C.S. For those who are interested in buying real estate through auctions, we keep noting various scams which surface from time to time with ...

German house prices will fall 3.5 per cent next year as the cost of living crisis and rising borrowing costs hits consumers, but the chances of an outright crash are low, ...

By Antonis Loizou FRICS The rental situation with the constant increases for residential units, has been a concern for some time now, to the extent that it affects the local ...

The civil jurisdiction of the District Courts is determined by article 22 of the Courts of Justice Law, 14/1960, following the general and specific instructions issued by the Supreme Court. The President ...