Thousands of residents living in jointly-owned buildings across Cyprus continue to face uncertainty as the revision of the legal framework designed to regulate their management encounters further delays. Despite widespread agreement on the need for comprehensive reform, disagreements between key government bodies have stalled the process yet again.
For the second time over the past eighteen months, Cyprus’ Parliamentary Committee on Interior Affairs postponed discussions on the joint ownership bill. The key conflict remains between the Interior Ministry and the District Local Government Organisations (DLGOs), which have yet to reconcile differences concerning critical elements of the legislation.
The committee chair, AKEL MP Aristos Damianou, emphasized a no-nonsense approach, stating that no further sessions will be scheduled unless the parties provide a unified draft of the bill. “We cannot continue extending deadlines indefinitely,” Damianou warned.
Constantinos Yiorkadjis, president of the DLGOs, informed parliament that while a financial impact assessment was submitted in December 2025, further analysis and consultations remain ongoing internally. The study evaluates income and expenses linked to the proposed new services under the bill, which includes management restructuring, IT system implementation, and administrative refinements.
The DLGOs stressed the substantial preparatory work required if they are to assume management responsibilities, including securing proper infrastructures, automated workflow solutions, and adequate staffing.
According to the draft legislation, DLGOs would take on vital roles such as registering management committees of jointly-owned buildings, maintaining official registries, arbitrating disputes between co-owners, and imposing fines on mismanaging parties. These expanded powers remain contentious, pushing the bill back for further revision by the Interior Ministry.
Current estimates from the Department of Lands and Surveys indicate Cyprus has about 30,000 jointly-owned buildings comprising roughly 200,000 residential units. The existing laws regulating these buildings are widely regarded as ineffective, causing operational difficulties that negatively impact residents’ quality of life.
A particularly unresolved issue is the funding mechanism for addressing dangerous buildings. Mr. Yiorkadjis cautioned that without assured financing methods, DLGOs cannot sustainably provide this critical public service. Accurate full costing and secured revenue streams must precede the final approval of the bill.
As this situation develops, potential buyers looking for stable residential options might consider exploring affordable apartments for sale in Cyprus to take advantage of the current market dynamics.
For anyone invested in Cyprus real estate or involved in property management, staying updated on these regulatory shifts is crucial, as they will inevitably shape the future landscape of building ownership and management.
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