Cyprus real estate agents call for legislative reform and investigation into regulatory board

The Cyprus Real Estate Agents Association (SKEK) held a press conference on Wednesday, November 11, 2026, at the Cyprus Chamber of Commerce and Industry (KEVE) headquarters to demand an urgent modernization of the legislative framework governing the property sector. Under the leadership of president Christos Nicolaou and with the support of KEVE secretary-general Marios Rousounidis, the association highlighted that despite two years of institutional interventions, critical issues remain unresolved. The demands include a clear legal status for real estate assistants and a comprehensive review of the powers held by the Real Estate Agents Registration Council.

Beyond legislative concerns, the association leveled serious allegations against the Registration Council regarding administrative malpractice, questioning its current licensing procedures and interpretation of the law. Legal advisor Achilleas Emilianides addressed the institutional deadlock, while the board emphasized that these accusations, which reportedly include mentions of bribery and safety concerns following a violent attack on an agent in Limassol, warrant an independent investigation. SKEK is now pushing for a transparent, objective regulatory environment that ensures fair competition and accountability. The association maintains that the current administrative climate undermines trust in the profession and is calling for a structured institutional dialogue with the government and the House of Representatives to establish a concrete timeline for reforms.