Real estate in Cyprus.
The acquisition of real estate in Cyprus is regulated and established by a set of laws on the acquisition of real estate by foreign citizens, Article 109. In this case, foreigners are considered persons who do not have Cyprus citizenship. This category also includes foreign legal entities, namely foreign enterprises and organizations registered not in Cyprus, international Cypriot holdings in Cyprus or organizations controlled and controlled by foreign citizens (in the event that foreigners own more than 50% of the shares).