Leasing in Cyprus is governed by the provisions of the Contract Law, subject to the restrictions introduced by the Rent Control Law to protect tenants against eviction under certain circumstances.
The provisions of the Rent Control Law do not cover foreigners renting properties in Cyprus.
Leases exceeding 15 years may be registered with the Land Registry and registration should be effected within 3 months of the signing of the lease. Registered leases afford the lessee certain advantages, including the right to trade the lease.
Foreigners may not take a lease of immovable property for a period exceeding 33 years without the prior permission of the Council of Ministers, and they are not allowed to let their premises to Cypriot or foreign tenants.
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The provisions of the Rent Control Law do not cover foreigners renting properties in Cyprus.
Leases exceeding 15 years may be registered with the Land Registry and registration should be effected within 3 months of the signing of the lease. Registered leases afford the lessee certain advantages, including the right to trade the lease.
Foreigners may not take a lease of immovable property for a period exceeding 33 years without the prior permission of the Council of Ministers, and they are not allowed to let their premises to Cypriot or foreign tenants.
Click Contact Link to visit the Andreas Neocleous
You may also be interested in the following sites:
