50 h. ago Cyprus estate agents threaten action over legal contract bill

The Cyprus Real Estate Agents Registration Council has issued a call to its members to be prepared for mobilisations, following a meeting of the House legal affairs committee on Tuesday. The session involved a discussion of a proposed bill by MP Kostis Efstathiou, which would make it mandatory for all property sale contracts in Cyprus […]

Events

5 d. ago Cyprus estate agents fight proposed legal monopoly on property contracts

The Cyprus Real Estate Agents Registration Council on Monday again voiced concerns over a proposed law that would require all rental and sale contracts for real estate to be drawn up exclusively by lawyers. The proposal, which is currently before the House legal affairs committee, has been met with strong opposition from the council, which […]

Sport

8 d. ago Cyprus real estate council welcomes new rules on daily rentals

The Cyprus Real Estate Agents Registration Council this week expressed its satisfaction with the recent initiatives aimed at regulating the issue of daily property rentals. In an official statement, the council said it participated in a session of the House commerce committee where a bill was discussed to strengthen the legislative framework for self-catering accommodation […]

Politics

1 week ago Cyprus real estate agents welcome jail terms over property usurpation

The Cyprus Real Estate Agents Registration Council on Monday welcomed the court’s decision to convict two Hungarian nationals for their involvement in the illegal promotion and sale of Greek Cypriot properties in the island’s north. Council president Marinos Kineyirou said the ruling “sends a clear and unequivocal message that such illegal acts do not go […]

Events

2 w. ago Cyprus Business Now: BoC, estate agents, passenger traffic, property auctions

Credit rating agency Moody’s on Tuesday upgraded the long-term deposit ratings of the Bank of Cyprus to A3 from Baa1, reflecting continued strengthening of the bank’s financial position. In addition, the agency kept the bank’s outlook on deposit ratings as stable. According to the agency’s latest report, the Bank of Cyprus now holds the highest deposit rating among all banks […]

Economics

2 w. ago Public warned over fake real estate agents as convictions rise

The Cyprus Real Estate Agents Registration Council recorded 125 convictions for illegal real estate brokerage in 2024, according to an announcement released on Tuesday. The number of convictions, the council explained, “reinforces its stance that tackling unlicensed activity remains a top priority“. Throughout the year, the council handled hundreds of complaints, submitted by licensed estate […]

Events

3 w. ago Evidence presented in usurpation trial of German real estate agent

Proceedings at the Nicosia criminal court in the usurpation case against a German real estate agent continued on Friday with the examination and cross-examination of the investigating officer, who presented evidence found in the possession of the defendant at the time of her arrest. In the trial within a trial, the witness also testified that […]

Politics

4 w. ago Cyprus Business Now: Larnaca tourism, real estate market, government deficit

The Cyprus property market has recorded a robust performance in the first quarter of 2025, with both transaction volumes and sales values reflecting strong momentum, according to a report by the Cyprus Real Estate Agents Registration Council. In its report, the council noted that Paphos is currently enjoying strong interest from international buyers, while Limassol […]

Politics