Category

Real Estate and Property
Amendments to the Land and Survey Department
The Land and Survey Department (Fees and Charges) (Amendment) Law of 2025 introduces important modifications to the existing Land and Survey Department (Fees and Charges) Law (the “Principal Law”). These changes specifically affect the definitions and provisions related to the granting of financial assistance under a new housing initiative. Key Changes: Addition to Article 2...
Read More
Renting Property in Cyprus- Seven (7) things to be aware
Tenancy Agreements, also commonly referred to as Lease Agreements or Rental Agreements, are typically a legal document which people tend to overlook or consider to be an easy-to-do agreement, until things spiral out of control. Unfortunately, it is quite common for clauses which are badly drafted or overbearing to the Tenants to be found in...
Read More
Tax Law amendment provides tax incentives for reduced rent
On 2 June 2020, an amending Income Tax Law was published in the Official Gazette with respect to tax relief on rental income. The amendment was voted to support the Cyprus economy following the COVID-19 outbreak and provides a tax incentive to landlords (individuals or companies) to voluntarily reduce the rent charged to tenants. According to...
Read More

Categories