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Kyriacos Th. Michaelides & Co 66 Ippokratous Street   
P.O. Box 21548   
1510 Nicosia   
Cyprus   
Tel. 00357 22763751 & 00357 22452400   
Fax. 00357 22761878   
Email: online@ktmlaw.com   

real estate & construction

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This department acts for some of the largest construction companies, land developers, architects and civil engineers in Cyprus who operate both in Cyprus and on a worldwide basis, especially in the UK, Greece, the Middle East and other Asian countries. The work undertaken involves:

  • drafting of and advising on all types of building contracts, consultancy agreements and all related documentation; this includes particular expertise on the standard form contract issued by FIDIC and the World Bank
  • advice on public tenders for major projects, especially public utilities and transport
  • BOT contracts
  • project finance
  • contract negotiations
  • joint venture projects
  • litigation and alternative dispute resolution, especially arbitration

The firm is continuously involved in providing the above services in relation to the construction of large scale civil works, such as airports, motorways, hotels, large scale office developments, dams and water reservoirs, water sewerage projects and other similar projects.

This department also undertakes all types of legal work relating to real estate, such as:

  • negotiation and drafting of sale agreements
  • advice and negotiation in relation to the acquisition and disposal of property both in Cyprus and overseas, especially Greece
  • advising on the acquisition of property in Cyprus by foreigners
  • lease agreements
  • landlord and tenant issues
  • compulsory acquisition and requisition of land
  • all other matters relating to real estate