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.
Lease maximum duration in Cyprus
Re: Lease maximum duration in Cyprus
I am not aware of any legal maximum, as this is a private deal between two willing parties. Of course depends how many years you want and if the Lessor is willing to go that far.JMot wrote: ↑31 Mar 2021 16:04 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.
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FSB Properties Ltd
Registered and Licensed Real Estate Company. Reg. No. 1145, Lic. No. 572/E
Member of ETEK Registration No. A201999
https://www.fsbproperties.com