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20th April 2024
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Almost one in four properties are co-owned

Twenty four percent of properties in Cyprus, about 274,000, are co-owned of which the majority are located in Famagusta according to information received by MP Ionas Nicolaou of the DISY party.

Transfer fee abolition/reduction law published at last!

After nearly a month since MPs voted unanimously to abolish/reduce Property Transfer Fees for a period of six months, the amended law has finally been published in the Cyprus Government Gazette.

New law boost for Cyprus property buyers

Today's Cyprus Weekly carried a report on the new law passed by parliament earlier this month concerning buyers trapped by developers' mortgages.

Remaining planning amnesty bills passed

Yesterday Parliament passed the remaining two ‘town planning amnesty’ bills aimed at tackling the estimated 130,000 properties in Cyprus without Title Deeds.

Summary of Cyprus planning amnesty laws revealed

The draughtsman of the original amendments to the Cyprus Immovable Property (Tenure, Registration and Valuation) Law provides a summary of the new laws that were approved by parliament last month.

Commission tells Cyprus to lift property restrictions

The European Commission has acted to ensure that EU nationals have unrestricted access to buy a second home in Cyprus.

Majority of Cypriot planning amnesty laws passed

Yesterday the Cypriot Parliament passed the most of the 'town planning amnesty' legislation aimed at tackling the morass of properties without Title Deeds in Cyprus.

EU real estate agents free to operate in Cyprus

Estate agents from the EU are free to establish themselves and exercise their activities in Cyprus following actions taken by the European Commission.

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