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Monthly Archives: February, 2020

Investment

Cyprus housing market set to slowdown

Nigel Howarth -
The housing market in Cyprus is set to slowdown in the medium term following a reduction in the number of sale contracts deposited at Land Registry offices during the second half of 2019.
News

Conor O’Dwyer loses Supreme Court appeal

Nigel Howarth -
British man Conor O'Dwyer who has fought a 15-year battle with the Cyprus justice system has failed in his appeal to the Supreme Court against the 2012 verdict in a case filed by Christoforos Karayiannas and Son Ltd.
Legal Matters

Law regulating self-catering rentals enacted

Christiana Georgiou -
The law regulating Airbnb and other self-catering accommodation rentals in Cyprus has been enacted requiring their owners to follow a set of regulations and formalities to legally provide their services.
Legal Matters

New rent law contains grey areas

George Mouskides -
Although the rent law has been changed so that tenants now have to prove they've paid the rent to be able to defend their case in court, the amended law still contains some grey areas.
Marinas

Larnaca port and marina gets go ahead

Editorial -
The redevelopment of the Larnaca port and the 600-berth marina is expected to start soon following an agreement reached between Cyprus and Israeli investors after year long negotiations.
News

Strong growth in construction continues

Nigel Howarth -
The strong growth in the Cyprus construction sector continued in November with building permits authorised for the construction of 909 new homes according to official statistics from the Cyprus Statistical Service.

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