Two weeks after a building collapsed in Limassol, claiming the lives of two residents, Cyprus’ property sector is renewing calls for urgent legislative reform to tackle the growing issue of unsafe buildings.
As discussions continue over how authorities should address dangerous buildings, the Cyprus Property Developers Association has once again stressed the need to modernise the legal framework governing jointly-owned buildings.
In a statement, the Association warned that the lack of an updated regulatory framework is creating serious loopholes that put lives at immediate risk. It said further delays in decision-making were no longer acceptable given the severity of the issue.
Outdated jointly-owned buildings law leave residents at risk
According to the Association, the immediate advancement and approval of new legislation is essential to protect public safety, ensure proper maintenance of existing buildings and prevent similar tragedies in the future.
It said it had repeatedly raised concerns over the risks created by the absence of a modern and effective legal framework. Recent events, alongside the growing public debate, have highlighted both the scale of the problem and the urgent need for decisive action.
The organisation argues that ageing apartment blocks and poorly maintained jointly-owned buildings are becoming an increasing concern across Cyprus, particularly in urban areas where older developments require substantial upkeep.
New parliament urged to fast-track jointly-owned buildings legislation
The Association said the newly elected House of Representatives of Cyprus should make the immediate approval of the Management of Jointly-Owned Buildings and Related Matters Law of 2023 a top priority.
It said significant weaknesses remain in the way building management committees currently operate, leaving many unable to carry out essential maintenance work efficiently.
Calls for stronger oversight and accountability
Among the reforms proposed by the Association are the creation of a supervisory authority to improve transparency, compliance and oversight.
The Association is also calling for standard operating regulations and stronger powers for management committees, allowing them to carry out necessary maintenance works without unnecessary delays and recover associated costs more effectively.
Industry leaders say these measures are critical if Cyprus is to avoid further building failures and restore confidence in the safety of its ageing property stock.
(A machine translation of the initial draft of the Management of Jointly-Owned Buildings and Related Matters Law of 2023 may be downloaded by clicking here.)
