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04.10.2021 Injunctive relief secures future enforcement of judgment. When filing a claim, the plaintiff may apply for an injunction against the defendant's expropriation or encumbrance of his real property in..
27.09.2021 In a radio interview, the Mayor of Limassol announced the initiative of the municipality to take part in the construction of more than 600 housing units. This will help..
23.09.2021 Interior Minister Nikos Nouris spoke at the 15th Land Development Conference in Nicosia on Tuesday. He stated that the title backlog had narrowed. This news delighted thousands of people...
22.09.2021 The Government of Cyprus has completed the consideration of applications under the citizenship by investment program. Interior Minister Nikos Nouris announced this on Tuesday. All pending applications have been..
13.09.2021 The property owner is responsible for paying utility bills to the management committeeThe collection of utility bills from residents is usually the responsibility of the housing estate management committee...
06.09.2021 Today, the Department of Lands and Surveys released data showing that the lack of sales of real estate to foreigners slows down the recovery of the real estate market...
01.09.2021 In Cyprus, the idea of owning a house with a plot is still relevant for many. Despite this, we believe that the local market will gradually move in the..
16.08.2021 Brothers and sisters are not considered heirs if the property is alienated by will. The freedom of a person to dispose of his property under a will is subject..
11.08.2021 Reports from Al Jazeera and the Organized Crime and Corruption Reporting Project (OCCRP) have revealed further details regarding the island's disgraced citizenship-by-investment scheme (also known as the Golden Passports)...
03.08.2021 Net new home loans rose to 114 million euros in June. This is a new monthly record since December 2014, when the Central Bank of Cyprus (CBC) started recording..
02.08.2021 Each country has its own rules regarding real estate agencies. Cyprus has a Law on Real Estate Agents. Foreigners coming from abroad rely on their own country's system, which..
02.08.2021 The cost of construction in Cyprus has risen abnormally. The recent increase in diesel prices has worsened the situation as the price has a domino effect on the prices..
26.07.2021 Despite numerous warnings from the European Commission, Cyprus is still considering applications for a "golden passport". These are applications that were pending in November 2020. It was then that..
26.07.2021 "This is the first step in verifying the correctness of the solution" If someone is not satisfied with the decision of the city planning authorities regarding the permission to..
24.07.2021LionGlobal reports that the pandemic and the cancellation of the Cypriot investment program may have caused a crack in the Cypriot real estate market and acute concern of the business..
18.07.2021As our experience suggests, the value of real estate and, accordingly, the return on investment directly depends on the work done on the site and the chosen management methods. In..
11.07.2021 Shortly after the citizenship-by-investment report, economist George Koumoullis argued that Cyprus had a kleptocracy, a system of government in which political leaders use their position to increase personal wealth...
2.07.2021 Cyprus has long been a popular holiday destination. Many of us have relied on this fact for financial stability, making money from tourism and foreign investment.Due to the central..
21.06.2021 Demand for housing turned towards older buildings. The reasons were the increase in construction costs, the limited supply of residential real estate in the central areas of the city,..
14.06.2021 "Fair rent does not mean reasonable rent, but is market rent less statutory exceptions"The court's determination of fair rent for homes and shops located in a rent control area..
07.06.2021 The construction industry is developing and becoming more and more important the possibility of a peaceful cohabitation. Especially in the field of residential real estate, both in private and..
31.05.2021 After a court decision, an encumbrance may be imposed on the debtor's property - a memorandum. This issue is dealt with by the creditor, who ensures the execution of..
17.05.2021A recent report by the international auditing company PWC on the state of the Cyprus property market aroused great interest. It refers to a decrease in demand for real estate,..
17.05.2021A new provision on rent control has been added to the law. It extends to cases where the landlord demands repossession of the property and the tenant fails to pay..
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