The tax department on Wednesday issued an announcement saying that as of July 1, the payment of rent in Cyprus can no longer be paid in cash but must be paid ...
Renting in Cyprus in 2026 remains competitive, particularly in cities such as Limassol and Larnaca. Rising demand for apartments and houses has increased rental prices, making it essential for tenants to ...
Housing scarcity in Cyprus is intensifying, creating a growing crisis that strains residents’ access to affordable homes. With demand outpacing supply, competition among tenants has increased, complicating the search for ...
The existence of ambiguity in a rental agreement can create disputes between the owner and the tenant, which can end up in court. Such ambiguity may concern the method of ...
The Deputy Minister of Tourism Costas Koumis has made a habit of producing numbers and percentages as proof of the good work he has been doing. While this is a ...
The purpose of the legislator is to determine fair rent so that it corresponds to rents in the market
The Rent Control Court determines the fair rent once so that ...
Landlord must reasonably require the property and inconvenience is weighted between landlord and tenant
If an owner of a house or apartment seeks to recover its possession from a statutory ...
Rents on commercial Turkish Cypriot properties in Limassol have sharply increased, the House refugee committee heard on Tuesday.
Rent increases from €150 to €2,800 a month and in another case from €30 to €999 ...
The newly formed cabinet convened for the first time on Thursday, ratifying the new deputy ministry position for European Affairs and approving a lump sum to subsidise low-income individuals for ...
Α statutory tenant can be ordered to be evicted even if he pays the rents due
The relationship between a property owner and a tenant is regulated by a tenancy agreement ...
The mortgage to rent (MtR) scheme for vulnerable lenders will come into effect on December 4, finance ministry permanent secretary George Panteli said on Friday, presenting the scheme at a press ...
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 Ask Wire, a Cypriot tech-informed ...
Student rental accommodation costs are set to rise by €100 at dorms at the Cyprus university of technology (Tepak), meaning that the monthly rent will be €350.
Tepak manages 205 studios at the ...
The monthly cost of living for a four-member family in Limassol is €4,141, making the coastal city the most expensive in Cyprus and roughly 11 per cent more than Nicosia, according to ...
Experts on Tuesday warned that challenges in the real estate market amounted to a “giant problem” as the impact of external issues including inflation and high interest rates are becoming ...
The housing situation in Cyprus has become a matter of great concern, with rental prices soaring to unprecedented levels. While the reasons for this situation are multifaceted, it is evident ...
At the end of last year Eurostat published comparative rents, with our own contribution, for apartments and houses in the capitals of various countries in Europe.
The following refers to ...
What is in store for us regarding real estate in Cyprus?
In 2022 we saw a positive trend with new sales rising by 35 per cent in deposited real estate sales contracts. ...
Their registration in the register of the Deputy Ministry of Tourism contributes to the control of their operation and collection of taxes
Short-term rentals attract visitors either for holidays or ...
Owners of agricultural plots of land which are essentially inactive, are increasingly showing interest in entering into the well-known blue contract, for the installation of solar parks for the production, ...
Rising rents and the lack of apartments available for rent are a given. Not only is the situation not being resolved but it looks to be getting worse. This both ...
Did you know that Cyprus has a diplomatic office in Tokyo? And that its rental cost for 2023 is budgeted at €240,000?
Perhaps the foreign ministry’s rental costs in New York ...
Finance Minister Constantinos Petrides warned on Monday that “tectonic shifts are underway” as he warned that the days of cheap energy and cheap money are over.
Petrides made the comments ...