#rent

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 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 ...

In my previous article I talked about the introduction of a new tax on the sale of real estate, to be paid by the seller, and I wondered how the ...

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 ...

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 ...

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 ...

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, ...

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 ...

In recent months, the problem of high rents has been all over the media. High rents cause social problems, especially for young couples and the lower paid, and discourage students ...

The start of the academic year got off to a rocky start in Limassol as students from the Cyprus University of Technology (Tepak) set up tents on campus to protest ...

University students in Limassol are forking out anywhere from €800 to €1,200 a month for renting a single-bedroom apartment, with many of them forced to ditch their studies as they can no ...

The Proodeftiki student movement has demanded that legislation was amended to allow the state to impose ceilings on rents, which would make them affordable for students. In an announcement issued ...

The law does not provide a mechanism for the collection of rent deposited with the court The owners of properties subject to the rent control law are not sufficiently protected, ...

Their refusal gives a tenant the right to be heard even though the rent has not been paid The behaviour of a landlord and a tenant is examined by the ...

In the aftermath of the global financial crisis central banks substantially lowered interest rates to support the recovery of their economies. In fact, the ECB by September 2015 had reduced its ...

Parliament on Thursday passed two items of legislation granting tax breaks to landlords who voluntarily reduce their rents to businesses financially stricken by the coronavirus-related restrictions. The first bill provides ...

In the second half of 2019 Akis and Jackie Shokkos were running a successful business in Larnaca, hoping they would soon be able to repay the bank loan they took out ...