The law firm of G. KOUZALIS LLC lists below the decree itself for the zero increase in rents which is valid from 22 April 2021 until 21 April 2023, as published in the Official Gazette of the Republic of Cyprus on Friday, 9th April 2021.
“The Council of Ministers, exercising the powers granted to it by paragraph (a) of subsection (4) of Article 8 of the Law of Tenancy 1983 to 2020, upon recommendation of the Minister of Justice and Public Order, determines for the purposes of the aforementioned article, the percentage of 0%, as the maximum rent increase for the two years starting from 22 April 2021 until 21 April 2023.”
Therefore, all the buildings that fall under the Law of Tenancy and there is a rental agreement, then the landlord in no case can proceed to increase the rent for this period as mentioned above.
In case you need any clarification and / or guidance on this issue, you can contact our office directly at 00357-23811788, 00357-23811783 or via email at [email protected] to speak directly with the lawyers of our office who will advise you through their many years of experience.
