Cyprus Real Estate Association demands urgent legislative reforms

On November 11, 2026, the Cyprus Real Estate Business Association (SKEK), a member of the Cyprus Chamber of Commerce and Industry (CCCI), held a press conference at the CCCI headquarters to demand urgent modernization of the real estate regulatory framework. Represented by association president Christos Nikolaou and supported by CCCI General Secretary Marios Rousounidis, the group criticized the lack of progress on long-standing industry issues despite numerous petitions submitted to the President of the Republic, ministries, and Parliament during 2025-2026.

The association's primary concerns center on the need for legislative updates and a clearer definition regarding the registration, licensing, and employment status of real estate assistants. SKEK also calls for a comprehensive review of the powers and procedural operations of the Real Estate Agents Registration Council, arguing that current gaps hinder the operation of legitimate businesses. They are now urging the state to engage in a formal, time-bound institutional dialogue to resolve these persistent administrative hurdles. The organization intends to continue pushing for structural changes to bring transparency and order to the sector, though specific deadlines for further state action remain undefined.