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Legal Matters

Cyprus’ urban planning amnesty scheme closes

The Ministry of the Interior has announced the conclusion of the Urban Planning Amnesty Scheme, which officially ended on...
Legal Matters

Housing incentives for the construction sector

In a significant move to tackle the ongoing housing shortage, the Cabinet on Wednesday approved key amendments to a...
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Grants up to €35,000 for renovating empty homes – with a catch

The Ministry of Interior has officially launched the "Renovate-Rent" Scheme, opening the door for property owners to receive grants...
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Urban Planning Amnesty Scheme application deadline extended

The Ministry of the Interior has announced an three month extension of the Urban Planning Amnesty Scheme until 23...

Urban Planning Amnesty Scheme receives 699 applications

A total of 699 applications have been submitted so far under the Urban Planning Amnesty Scheme, which aims to...
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Mortgage interest subsidy scheme now open

Applications for a 2% mortgage interest rate subsidy opened on Thursday 2 January for households that have taken out...
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Photovoltaic systems on 60,000 rooftops

Approximately 60,000 photovoltaic systems are currently installed on household rooftops, according to statements by the Minister of Energy, George...
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Cyprus plans tax incentives for landlords

Cyprus has unveiled two bills aimed at offering incentives for landlords who offer affordable housing by providing substantial tax...
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Housing schemes revised ahead of Friday’s launch

The Ministry of Interior has announced substantial updates to two housing schemes, set to open for applications on November...
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A mere 50 applications for the urban planning amnesty so far

Launched on September 13 2024, the Urban Planning Amnesty, which was expected to allow thousands of 'trapped buyers' to...
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Residential renewable energy grants reissued

The Ministry of Energy has reopened its residential renewable energy grant program, now accommodating an additional 3,000 applications from...
Legal Matters

New Urban Amnesty: Applications & Compensation Payments

The new Urban Amnesty Plan was approved by Cyprus' Council of Ministers on 13 September and applications may be...
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New Urban Amnesty Plan approved (Update)

The new Urban Amnesty Plan is expected to be approved at today's afternoon session of the Council of Ministers,...
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Cyprus ranks 12th in residence program index

Cyprus ranks 12th in the 2024 Residence Program Index published by Henley & Partners with a score of 59...
Legal Matters

Reduced VAT on new homes gets thumbs up from Europe

The European Commission has given the nod to the levying of the reduced 5 per cent VAT on first...
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Millions earmarked to tackle housing crisis

The government on Tuesday announced its plan to tackle 'the housing problem' as it said that €77 million will...
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Mortgage to rent scheme launched

The government greenlighted the mortgage-to-rent scheme, the latest lifeline for defaulted borrowers, following approval from the European Commission. Government spokesperson...
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Who will benefit from Mortgage to Rent scheme?

Potentially 4,000 households will benefit from the Mortgage to Rent scheme, the government's latest lifeline for distressed borrowers to...
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Green-light expected for mortgage to rent scheme

The government anticipates that the European Commission will soon give it the green light to roll out the 'mortgage...
Legal Matters

EC approves scheme for vulnerable borrowers

The European Commission has approved a Cypriot scheme providing partial debt write-off to distressed, socially vulnerable borrowers with loans...
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