Insights
Insightful Perspectives with Meaningful Impact
Harris Kyriakides advised Eurobank Greece on its acquisition of a landmark property at Kifissias Avenue
Harris Kyriakides advised Eurobank, acting via Grivalia Management Company, on its acquisition of 100% of the share capital of a Cyprus-based subsidiary of DIMAND S.A., securing ownership of the landmark property at Kifissias Avenue, now - Read More...
IIC Hosts Seminar on Inheritance Law: Delivered by Nicolas Kyriakides
The Insurance Institute of Cyprus (IIC) recently conducted a one-day seminar titled “Succession and Insurance,” featuring a presentation by our partner, Nicolas Kyriakides. This seminar provided a comprehensive introduction to inheritance law, specifically addressing its - Read More...
Who’s Who Legal Real Estate 2024
Who’s Who Legal, has recognised our partner Andrea Newton as leading real estate law practitioners in Cyprus in its 2024 edition of WWL: Real Estate.
Judgment of the Court of Appeal regarding trapped buyers
The judgment addresses whether the decision of the Director of the Land Registry to transfer the property in the name of a trapped buyer and release the mortgage is consistent with the Constitution.
Constitutional Clarity: The decision of the Court of Appeal on Cyprus Law in relation to the provisions 44ΙΗ – 44ΚB of the Transfer and Mortgage of Real Estate Law of 1965 (9/1965)
A recent judicial ruling declared unconstitutional the provisions contained in the articles 44IH – 44KB of the Transfer and Mortgage of Real Estate Law of 1965 (9/1965). The abovementioned articles regulate the process of issuing - Read More...
Amendment to the Sale of Land (Specific Performance) Law, Cap. 232
In an effort to protect the interests of purchasers of immovable property, the amended Sale of Land (Specific Performance) Law (132(I)/2023) (the Law) came into force on 12 December 2023. Essentially, the Law simplifies the - Read More...
Suspension of the foreclosure process and Laws adopted by the House of Representatives on 06.07.2023
The article refers to the suspension of the foreclosure process until 31.10.2023 and the amendments to the Transfer and Mortgage of Property Law which has been introduced by the House of Representatives.
Bill which proposed the amendment of the Transfer and Mortgage of Property Law of 1965 (N.9/1965)
The Transfer and Mortgage of Property (Amended) (No. 5) Law of 2023 (the Bill) was introduced in the House of Representatives on 25/5/2023. The purpose of the Bill is to safeguard the mortgagor’s and other - Read More...
New bill allows reduced 5% VAT on first homes
The House of Representatives passed a new bill for discounted VAT on the first 130 square meters of a first home.
Landlords allowed to request up to 6% increase in rent until 2025 after 10 years
Council of Ministers issues an order applying a cap of 6% on rent increases for properties falling under the remit of the Rent Control Law of 1983 as amended (the Law).
Recent Court Judgment examining the validity of a mortgage due to the allegation of Forgery
In a Judgment dated 17 February 2023 Harris Kyriakides representing a reputable Cypriot Bank (the Plaintiff) successfully obtained a judgment against a Company under Liquidation (the Company) in a claim relating to a number of - Read More...
Τhe modernisation of the Family Law legislation in Cyprus
The recent amendments to Article 111 of the Constitution, the Marriage Law (Law 104/2003), the Family Courts Law (Law 23/1990) and the Law on Attempted Conciliation and Spiritual Resolution of Marriage (Law 22/1990) contributed to - Read More...