This mention of some aspects of the legislation of Cyprus on real estate and property does not, by any means, exhaust the relevant subjects, neither does it offer reliable information upon which one may act without professional advice and guidance, particularly as the laws in question are constantly amended.
The intention was to give a general picture of the legal framework within which Cyprus has developed its policy on matters of immovable property, especially where foreign investors are concerned and the incentives and protection offered to this end.
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Elias Neocleous & Co LLC is the largest law firm in Cyprus and a leading firm in the South-East Mediterranean region, with a network of offices across Cyprus (Limassol, Nicosia, Paphos), Belgium (Brussels), Czech Republic (Prague), Romania (Budapest) and Ukraine (Kiev). A dynamic team of lawyers and legal experts deliver strategic legal solutions to clients operating in key industries across Europe, Asia, the Middle East, India, USA, South America, and China. The firm is renowned for its expertise and jurisdictional knowledge across a broad spectrum of practice areas, spanning all major transactional and market disciplines, while also managing the largest and most challenging cross-border assignments. It is a premier practice of choice for leading Cypriot banks and financial institutions, preeminent foreign commercial and development banks, multinational corporations, global technology firms, international law firms, private equity funds, credit agencies, and asset managers.