Cyprus – the small country in the Mediterranean taking huge strides and achieving large gains in combating COVID-19. The government of the Republic of Cyprus, reacted promptly, effectively, and with a dramatic, and quite possibly one of the harshest lockdowns in the world in order to combat COVID -19. A mere 7 weeks after the […]
Cyprus Government Extension of the supporting measures for Business and Employees through Corona Virus times. The President of the Republic of Cyprus announced on 8th of April 2020 the extension of the measures for the support of the economy, the enterprises, the employees and the vulnerable groups due to the situation with the coronavirus disease. […]
KOUZALIS LLC, an International law firm in Cyprus, analyses Fitch’s credit rating about Cyprus through Coronavirus era. During these very difficult financial times, Fitch, one of the “Big Three credit rating agencies” in the World, maintained Cyprus’ long-term credit rating at BBB. However, the outlook revision from positive to stable reflects the significant impact of […]
When the time gets tough When times get tough throughout the world you get to see two types of humanity. The selfish ones and the inspirational ones. With the recent coronavirus spreading worldwide this has been proven. You have the younger healthier people with money, panicking running to the shops and emptying the shelves of […]
Roofs on an apartment complex – who is responsible? If you own an apartment on a complex in Cyprus, more often than not at some point during your ownership, the topic of communal roofs will have arisen. Often owners believe that the responsible person/people are the top floor apartments. This is not the case. All […]
Know Your Client, (KYC) procedures in Cyprus, by your Cyprus Property Consultants, G. Kouzalis LLC. At G KOUZALIS LLC, as part of our stringent KYC (Know Your Client) procedure we insist on meeting every client FACE TO FACE who engages our service. This is something our office has always insisted on, however, we emphasize this […]
Essential services at a Communal complex, by your property specialists in Cyprus, G. Kouzalis LLC. On every communal project, there are services which are deemed essential and services which are not essential. The committee on your complex in Cyprus must ensure that the essential services are operational, and the non-essential services are available if possible. […]
Employing a management company to run Cypriot Complex advice by your Cyprus Lawyers G. Kouzalis LLC. Many Cypriot Committees (the management committee which manages the complex which properties are on) opt to engage a management company to maintain the complex. This is often done, as the management company provides a one-stop-shop to the Cypriot Committee, […]
Coronavirus article by Cyprus Lawyers Kouzalis Lawyers in Cyprus will like to advise that Coronaviruses (CoV) are a large family of viruses that cause illness ranging from the common cold to more severe diseases such as Middle East Respiratory Syndrome (MERS-CoV) and Severe Acute Respiratory Syndrome (SARS-CoV). Coronavirus disease (COVID-19) is a new strain that was […]
An article on Communal Fees by your Cyprus property specialists G. Kouzalis LLC Q: I live in a complex, and my communal fees seem very high… My friend also lives in a complex and she pays a lot less than me. This doesn’t seem fair. Why is this the case? This is a question […]