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Recent amendments to Cyprus's Transfer and Mortgage of Immovable Property Law have introduced significant changes to the auction procedure for mortgaged properties. These legislative updates extend debtor rights by allowing more time to challenge mortgage debt and establishing mandatory minimum reserve prices for all property auctions. The reforms aim to strengthen protections for debtors facing foreclosure proceedings.

Law 39(I) of 2018 amended the VAT Law to make VAT chargeable on the transfer of the effective right to dispose of real estate or immovable property as owner.

On September 30th, 2022 we successfully obtained a judgment in favour of our client, against two judgment debtors

The Immovable Property (Tenure, Registration and Valuation) Law, Cap. 224, has been amended to require government departments and courts to notify owners of property about decisions that

Following the market collapse in 2013, property sales in Cyprus continue to record growth for the third consecutive year, while foreign investment in real estate is also picking up.

The Memorandum of Understanding that Cyprus concluded with its international creditors in 2013 committed the government to introducing a so-called "foreclosure law".

In a recent case in which our office has been acting on behalf of the principal debtor/mortgager and its guarantor the powers of an out of court appointed Administrator/Receiver as per a floating charge have been questioned.

One of the major problems that Cyprus faces throughout the years is the inability of property buyers to obtain Title Deeds as a result of developers who have previously mortgaged the land on which the property was built.

The first edition of Deloitte's Real Estate Market Report (June 2016) provides an outline of the main economic factors affecting the Cyprus real estate market.

As part of the new measures of support to businesses and self-employed persons which have recently been announced by the Government of the Republic of Cyprus

Recently, the law of Specific Performance relating to Property Sales of 2017 has entered into force and has amended article 12 of the Law of 2011 and 2012...

Being ranked among the 'top ten in the world' by global immigration experts, the Cyprus Investment Programme is a highly sought after route.

We are pleased to present the latest edition of our real estate sector performance report, providing a comprehensive overview of the Cypriot economy and real estate market amid ongoing regional challenges...

Cyprus was a British colony until 16 August 1960, when it became an independent sovereign republic.

The Consumer Protection Service Authority of Cyprus announced the adoption of an Administrative Fine ...

We are pleased to present our latest edition of the real estate sector performance publication. In recent years, the Cypriot economy and the Real Estate sector in particular, have proven their robustness and resilience.

A significant development has taken place in the Cypriot real estate market, as the Plenary of the House of Representatives approved amendments to the Immovable Property (Transfer and Mortgage) Laws.

In accordance with the Economic Crime (Transparency and Enforcement) Act 2022, non-UK entities that hold UK property must make a submission to the new Register of Overseas Entities (ROE) by 31st of January 2023.