31.12.2022
The meeting, which took place on December 21 in Nicosia, was attended by the president of DISY and the candidate for the presidency of the Republic , Averof Neophytou, the chairman of the parliamentary committee for internal affairs , Aristos Damianou, and the deputies of DIKO, Pavlos Mylonas and Panicos Leonidou, Mr. Marios Hannidis on behalf of EDEK, Mr. Neoklis Neocleous , the first officer of the land registry, on behalf of the director of the land registry and Mr. Christos Petsidis on behalf of KEBE.
Director of the Land Registry
In his greeting, the Director of the Land Registry, Mr. Elikkos Ilias , read out by the first officer of the land registry , Neocles Neocleous , stressed that investing in real estate is and remains a safe investment, even with a decrease in income due to various crises and in any difficult situations. The latest statistics show an increase in the flow of newly filed sales documents of about 36% compared to the corresponding period last year and 26% compared to the pre- pandemic 2019. The flow of investments from foreign investors in the third quarter of 2022 shows an unexpected increase of 100% compared to the corresponding period last year.
In addition, he emphasized that another grandiose project of the General Real Estate Appraisal in the values of 1.1.2021 was implemented this year and added: “In the context of the Recovery and Resilience Plan, important changes have been made regarding the bill for “trapped buyers”. The plan is being promoted in parliament to put a damper on this pathogenicity of the system and create a mechanism to protect the interests of property buyers and protect them from the seller ‘s obligations to the banks. At the same time, a special study is being carried out to simplify the process of issuing property rights, which significantly speeds up the procedures.”
KEBE
On behalf of KEBE, Mr. Christos Petsidis welcomed and specifically mentioned the problem of illegal real estate brokerage, noting that due to the development of the real estate sector, there are many people posing as real estate brokers and taking jobs from legal real estate agents. real estate.
KEBE, said Mr. Petsidis , speaking to real estate agents, recommends an awareness campaign among citizens, popularizing sector professionals and condemning piracy, both in person and over the Internet.
In conclusion, Mr. Pesidis emphasized that with the changes taking place in the investment sector and various other measures taken, the real estate sector will continue its positive course and this will also strengthen the work of real estate agents.
