The judgment is a salient reminder that purchasers of immovable properties, whether mortgaged at the time of purchase or after, must act in a timely and proper manner in order to obtain clean and full titles.

An article of our associates Ioannis Sidiropoulos and Katerina Krassa has been published in Fileleftheros newspaper. The article addresses some of the immovable ownership limitations in Cyprus.

Two new litigation successes for the AGP Litigation team, at the Limassol District Court, of significant magnitude.

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.

Please watch this webinar from Patrikios Legal.

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.

Compared to the same month of the previous year, the index recorded an increase of 12,25%.

‘Fileleftheros' newspaper has recently published an article by Marina Vassiliou, Associate of Elias Neocleous & Co LLC.

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

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

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.

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.

Within the framework of the State Grants Scheme for the year 2017 and as a result of the general framework of Eco-Management and Audit Scheme, the Cyprus Government announced a program of financial support...

The minimum application amount for the purchase of these special bonds is € 1,000 Euros.

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...