Cyprus: Charges, Mortgages, Indemnities

Purchasing immovable property in Cyprus involves considerably more than transferring ownership from seller to buyer. Rights and obligations affecting the property may already exist and, in certain circumstances, continue to bind it even after the transaction has been completed. Among the most significant issues encountered during property transactions are encumbrances registered against the property—mortgages, court memos, prohibitions, easements and other registrable interests that may affect a prope

Buying property in Cyprus is one of the biggest financial decisions most people will ever make.

Cyprus introduces significant reforms to its out-of-court financial dispute resolution framework through Law 87(I)/2026, establishing binding decisions by the Financial Ombudsman for monetary compensations up to €20,000. The amendments strengthen debtor protections during mortgaged property disposal procedures while maintaining judicial review rights and introducing new timelines for complaint submissions and debt restructuring negotiations.

In the end of June 2025, Cyprus' House of Representatives approved crucial amendments to the Immovable Property (Transfer and Mortgage) Law.

Specific performance — the remedy compelling a party to fulfill their contractual obligations — sits at the intersection of law and conscience...

The amending law N110(I)/2025 was published on 4th July 2025, amending the Transfer and Mortgaging of Immovable Property Law of 1965.

Over the past few decades, Cyprus' shipping sector has evolved into one of the most successful industries of the island, steadily rendering Cyprus...

Transferring ownership in immovable property in Cyprus is typically done by means of transfer of title at the appropriate district lands office (the department of lands and surveys...

The majority of lenders in Cyprus continue to be credit and finance institutions for locally-based projects, whilst international banks commonly finance larger projects and/or international...