Cyprus: Real Estate

Cyprus faces a critical policy decision regarding foreign investment in real estate as new legislative proposals seek to restrict property acquisition by third-country nationals and foreign-controlled entities. The proposed reforms would fundamentally shift from an open market approach to a more restrictive framework, raising questions about transparency, beneficial ownership scrutiny, and the balance between protecting domestic interests and maintaining Cyprus's competitive position as an attractive

Η Κύπρος έχει διαχρονικά προσελκύσει σημαντικές ξένες επενδύσεις λόγω της στρατηγικής γεωγραφικής της θέσης, του επιχειρηματικού της περιβάλλοντος και του διεθνούς προσανατολισμού της. Ωστόσο, τ

Property sales in Cyprus involve multiple legal steps between price agreement and title transfer. This guide addresses 18 critical questions about reservation deposits, contract requirements, mortgage releases, title deed issues, and completion procedures that buyers and sellers must navigate to protect their interests and avoid costly disputes.

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

A Cyprus District Court has declared a forged power of attorney void and annulled the transfers of 23 high-value properties that were fraudulently transferred using the falsified document.

Navigating the eviction process in Cyprus requires landlords to follow strict legal procedures, from understanding the distinction between contractual and statutory tenancies to obtaining court orders for possession. What are the legal grounds for eviction, how long does the process take, and what mistakes could expose property owners to serious legal consequences?

The recent placement of warning notices on residential buildings in Germasogeia, calling on occupants to vacate their homes due to structural danger, has once again brought to the forefront the issue of dangerous...

Ο Τροποποιητικός Νόμος περί Φ.Π.Α. (Ν.42(Ι)/2023), ο οποίος τέθηκε σε ισχύ στις 16 Ιουνίου 2023, επέφερε σημαντικές αλλαγές στην εφαρμογή του μειωμένου συντελεστή Φ.Π.Α. για την αγορά ή ανέγερση κατοικίας που προορίζετα

Cyprus continues to leverage its strategic position as an international service centre in 2026, benefiting from competitive tax advantages and a growing technology sector. However, the influx of foreign companies and workers has created significant housing affordability challenges that threaten social equality. The country must balance economic growth with targeted policy responses to ensure prosperity remains inclusive for local residents.