Property

Hourly labour costs, which take into account the total cost incurred per hour, increased by 5.5 per cent in the third quarter of 2022, compared to the corresponding quarter of the previous ...

The Department of Lands and Surveys (DLS) said it will modernise and update its records so that each property is assigned to its owner with their ID number. Elikkos Elia, ...

It may be ordered by applying for a writ of mandamus to the Supreme Court Every person exercising public authority must properly apply the law for the benefit of the ...

I have studied the reports on the proposal to create a golf course in the area of Cape Greco by the Department of Forestry and the auditor-general, who is against ...

The board of directors of the state-owned Cyprus Asset Management Company (Kedipes) on Thursday announced that they have decided on a new payment to the state to the tune of €80 ...

Cyprus’ trade deficit reached €6.17 billion in the period between January and October 2022, amid a wave of price increases following the war in Ukraine, exceeding the deficit of 2021 as a whole, ...

Cypriot fintech Ask WiRE on Monday released its latest property market report, concerning the third quarter of 2022, during which time real estate prices continued to rise, with the Paphos district ...

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 ...

A writ of summons is valid for 12 months unless it is renewed by a court order There is often a need to renew a writ of summons, which is valid ...

ZIKZAK Architects mark the successful completion of a project in Limassol undertaken on behalf of an international IT company. The architectural firm designed a new façade for the building ...

The Council for Registration of Real Estate Agents on Tuesday said that an important measure will soon be implemented that will have a bearing on the Cypriot property market and ...

Over 70 per cent of buildings in the Limassol district are built within a seismic hazard zone, a Cypriot fintech company that records the profile of all properties in Europe said ...

If you are looking for the right realtor, it’s important to find out who will be the best fit for you. That’s why we’re putting together this ...

The question of whether to buy property or to rent comes up all the time. Most young people with limited funds as well as others face this decision. Obviously when ...

Equivalent to participation in defrauding a property owner and taking away their property The lack of adequate supervision and control of certifying officers provides the possibility of defrauding owners of ...

The Association for the Protection of Borrowers (Syprodat) this week met with the Cyprus Chamber of Commerce and Industry (Keve) in order to discuss a range of issues, including the ...

Antonis Loizou F.R.I.C.S. For those who are interested in buying real estate through auctions, we keep noting various scams which surface from time to time with ...

The arbitration clause in any agreement such as the provision of services, contracting, sale or rental of immovable property or agreement with any other object, is the basis for referring ...

Deputies on Wednesday were discussing a mechanism aimed at protecting – and preventing – trapped buyers, after Finance Minister Constantinos Petrides submitted a bill to the House legal committee. The aim is ...

Finance Minister Constantinos Petrides on Wednesday described the recent decision by the House of Parliament to suspend the foreclosure bill as “shooting ourselves in the foot”, noting that the only ...

State-owned asset management company Kedipes chairman Lambros Papadopoulos on Tuesday said that frequent interventions in the foreclosure framework will negatively affect the company’s ability to generate cash inflows. The ...

Events and conference management firm the Emanuel Group on Tuesday announced that it will be hosting an event in Israel aiming to showcase Cyprus properties to the country’s domestic ...

By Antonis Loizou FRICS The rental situation with the constant increases for residential units, has been a concern for some time now, to the extent that it affects the local ...

The civil jurisdiction of the District Courts is determined by article 22 of the Courts of Justice Law, 14/1960, following the general and specific instructions issued by the Supreme Court. The President ...