Dialogos

Cyprus: Auction for Turkish Cypriot Properties to Begin Next Year, Law Under Review

Published December 29, 2025, 08:02
Cyprus: Auction for Turkish Cypriot Properties to Begin Next Year, Law Under Review

A tender competition for the acquisition of Turkish Cypriot properties will begin next year, according to the president of the parliamentary refugee committee, Nikos Kettiros. At the same time, the law concerning these properties will be reviewed for potential weaknesses, both regarding rents and selection criteria. The legislation provides for the calculation of market rent, aiming to avoid excessive burdens on small professionals. The committee will discuss the issue in mid-January. Mr. Kettiros emphasized that the process is difficult due to existing interests and the reactions caused by changing the status quo.