Lease maximum duration in Cyprus
Posted: 31 Mar 2021 14:04
I am trying to purchase a long term residential lease on a property that can be registered at the land registry: https://portal.dls.moi.gov.cy/en-us/%CE ... LEASE.aspx
I understand that the minimum duration is 15 years for such leases, but is there a maximum duration for a lease in Cyprus? Found nothing in the law except that non-EU citizens maximum lease duration is 33 years without approval from government.
I understand that the minimum duration is 15 years for such leases, but is there a maximum duration for a lease in Cyprus? Found nothing in the law except that non-EU citizens maximum lease duration is 33 years without approval from government.