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Acquisition Of Immovable Property By Aliens (2013)

In Cyprus like most democratic states, the right of ownership in immovable property is constitutionally protected as one of the fundamental human rights. Article 23 safeguards the right of each person to acquire, possess, enjoy or dispose of any movable or immovable property and to demand of others to respect this right. It is not an absolute right and certain restrictions may be imposed on grounds of public safety, health or morality, or for town planning purposes, public utility or the protection of third parties. The Constitution affords protection to the right of ownership to everyone which includes non-Cypriots who have legally acquired property in Cyprus.

 

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