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Tag Archives: Cyprus Property

Property Law Update: European Commission acts to ensure unrestricted access for second home purchasers in Cyprus

European Union Law, News, PropertyBy AdminApril 6, 2011

The following press release was issued on the 06.04.2011 by the European Commission. The full text of the press release can be found here. The European Commission has today asked Cyprus to respect EU rules that give nationals from the EU, as well as from Iceland, Norway and Liechtenstein, the right to buy a second…

Non-resident EU citizens no longer require Council of Ministers Permit to own property.

News, PropertyBy AdminMay 4, 2009

As of the 01.05.2009 the restrictions placed on the acquisition of property by EU citizens have been lifted. Since Cyprus’ accession to the European Union on 1st May 2004, property laws have been revised to conform to the provisions of the acquis communitaire. However, in order to protect the property market, Cyprus negotiated a 5 year…

Nicholas A. Theodorou & Co LLC ("Theodorou Law") is a Cyprus law firm with Cyprus lawyers and other legal experts on legal matters involving Cyprus law and EU law. © 2020 Theodorou Law
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