Cyprus: Real Estate

Purchasing immovable property in Cyprus involves considerably more than transferring ownership from seller to buyer. Rights and obligations affecting the property may already exist and, in certain circumstances, continue to bind it even after the transaction has been completed. Among the most significant issues encountered during property transactions are encumbrances registered against the property—mortgages, court memos, prohibitions, easements and other registrable interests that may affect a prope

As part of the recent legislative developments in Cyprus, an amendment has been introduced to the legal framework governing rent payments for immovable property in the Republic of Cyprus.

How policy shifts across Europe reveal a familiar market cycle — and why Cyprus is entering a new phase at exactly the right time.