Cyprus real estate agents back property law amendment

The Cyprus Real Estate Agents Registration Council released a statement on Tuesday expressing support for a new government bill related to the frequency of property valuations, saying that this will lighten the load on the Department of Land and Surveys, allowing it to focus on other tasks.

Specifically, the bill proposes changing how often the Department of Land and Surveys conducts general property valuations from every three years to every five years.

“We have raised the issue many times...