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Illegal rentals still plague Cyprus property market

Cyprus' short-term rental market is growing fast, but problems with illegal rentals refuse to go away. New figures from...

MPs warn coastal land in Cyprus sold to third-country nationals

Large sections of Cyprus' Larnaca and Limassol coastlines have been acquired by third-country nationals operating through indirect ownership structures,...

Surge in fraud by fake real estate agents, council warns

Hundreds of people have been defrauded by individuals posing as real estate agents, according to the Cyprus Real Estate...

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...

ECJ rules golden passport schemes illegal

The European Court of Justice (ECJ) has ruled that Malta's "golden passport" programme, which allowed wealthy non-EU nationals to...

One third short-term rentals illegal

Around one third of self-catering accommodations advertised on platforms such as Airbnb are illegal, as they remain unregistered with...

Illegal estate agents thriving amid weak penalties

Illegal estate agents continue to defraud unsuspecting buyers and tenants, extending their reach into occupied territories, according to the...

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