Property

External walls and roof of an apartment building are jointly owned property The standard regulations for co-owned buildings set out in the Annex to the Immovable Property Law, Cap.224, determine ...

Cyprus’ construction materials price index recorded a decrease of 1.45 per cent for the period from January to July 2024, when compared to the same period in 2023. According to a report released ...

There is a lot of theoretical discussion about which is more beneficial for the government, to build or rent offices, or even buy ready office buildings on the open market. ...

Building permits issued in Cyprus increased by 8.5 per cent during the period from January to May 2024, compared to the same period in 2023, according to a report released on Wednesday by ...

By Geoffrey Ditta The allure of Europe’s capitals and major cities is undeniable. For decades, people have flocked to them to work in industry, set up businesses, and seek ...

The development of the Larnaca marina and port will be split into two separate projects, Transport Minister Alexis Vafeades said on Thursday, referring to works estimated to cost up to €30 ...

Trade union Sek said on Wednesday that an agreement had been reached on renewing collective labour agreements in the construction sector. The new agreement significantly improves employment conditions for some 40,000 ...

Cyprus is set to host a new event aimed at bridging the gap between the real estate and proptech sectors, according to an announcement by the Doers Company. The Doers ...

The Cypriot real estate market has demonstrated signs of stability and resilience during the first half of 2024, with the average transaction value gradually approaching pre-pandemic levels, according to a report ...

Cypriot real estate data analytics firm, Ask Wire on Monday published a report detailing the ten most expensive real estate sales transactions in Cyprus for the first half of 2024 across ...

The preparation of court minutes before a Civil Court for the purpose of commenting on the testimony given is not a right of a party nor is it a prerequisite ...

The Cyprus Borrowers Association (Syprodat) this week said that it has initiated discussions with various political parties, aiming to explore the possibility of proposing a law to address the issue ...

Despite numerous challenges, the Cyprus real estate market has shown resilience in the first half of 2024, with a notable increase in activity, according to the Cyprus Real Estate Agents Registration ...

It may lead to disciplinary and/or criminal prosecution Secret secondary employment of a civil servant, under a spouse’s name instead of their own, happens in Cyprus. It is ...

There is an endless amount of year-round attractions in Cyprus to be promoted There has been a lot of talk of measures to be undertaken in an effort to lengthen ...

Hundreds of ‘trapped buyers’ of property may never receive title deeds, as their purchases are tied to developers’ mortgages on buildings ridden with irregularities. Interior ministry permanent secretary Elikkos Elia, ...

Old and structurally unsafe buildings in mainly urban areas will be demolished and new, modern buildings will take their place through a new government plan. The cabinet approved a plan ...

Yiannis Kotzias, general manager of operations of residential rental platform Phaedrus Living, has come to the defence of short-term rental properties, amidst a wave of criticism aimed at the sector. ...

The relevant provision of Article 220 of the Companies Law Cap. 113 provides that in the event that a company liquidation order has been issued or a temporary liquidator appointed, no action ...

The added value of Cyprus’ construction sector at current prices increased by 8.9 per cent in 2022, reaching €1.44 billion, up from €1.32 billion in 2021, according to the findings of the Construction and Land ...

The environmental authority has recently approved the construction and operation of a substantial residential development within plot B of the Limassol Greens golf resort. This project, part of a larger €500 ...

Cyprus recorded the largest increase in housing transactions among EU countries in 2023, according to data released by the European Union’s statistical office (Eurostat). Eurostat reported that in 2023, the number ...

The number of homes worth $10 million or more that were sold in Dubai held steady in the first half of the year despite a drop in listings, an industry report ...

Building permit issuance in Cyprus saw a rise of 8.3 per cent in the period from January to April 2024, compared to the corresponding period of the previous year, according to a ...