Archive for Tag: Rent & Leasing

Cyprus Property Owners to be Notified of Any Significant Change in Property Value

  Last week, the Cyprus supreme court passed legislation mandating the obligation to inform all property owners on the island of any significant change in the value of their property as reasonably held by the Cyprus Land Registry. The legislative proposal was passed by a unanimous vote in Cyprus...

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Grants Being Offered for Newlyweds on First Land Purchase in Cyprus

The Cyprus Government have recently announced exciting news for couples looking to buy their first property together. A draft bill has been submitted to parliament ultimately exempting the payment of 19% VAT for youths purchasing land for the purpose of building their first home or primary residence together in...

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Business & Shop Owners in Cyprus: Right to Peaceful Enjoyment of Premises

 As per the relevant Contract Law in Cyprus, a business tenant leasing a premises under contract or statute, has the right to “peaceful enjoyment and unobstructed use of the property” without any interference by the landlord, regardless of the type of tenancy agreement or kind of business or store...

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