New Regulations for the Management of Turkish Cypriot Properties
July 11, 2025
The Management Service of Turkish Cypriot Properties announced new regulations that increase rents and plan to collect outstanding dues of €4.2 million. During a press conference, it was mentioned that €1.2 million has been collected so far. The changes in the new legislative framework aim for rational management of Turkish Cypriot properties, focusing on fair distribution and transparency. Commercial premises will be prioritized for allocation to refugees based on specific criteria.