In connection to our article “Cyprus Changing its Regime on Reduced VAT for First Homes: an Update” published on 28 March 2023, regarding the reduced VAT regime legislation changes, the
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On 06th December 2022, The Council for Registration of Real Estate Agents announced that new measures will be implemented to provide clarity on the market value of the properties in
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According to the statistical data “Contract of Sale 2020-2021” published by the Department of Land and Survey, the Pancyprian total number of registered contract of sales for the year 2021
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On February 11, 2021, The House of Representatives of the Republic of Cyprus unanimously passed a Law levying a 0.4% contribution on all immovable property sales in order to support
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In accordance with official data released by the Department of Lands and Surveys of the Republic of Cyprus it can be inferred that Covid-19 had a significant effect in real
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The Rent Control Law of 1983 (23/1983) (the “Law”) was amended on the 31st January 2020 in order to ease the legal procedures in the Republic of Cyprus for the
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