The Family Courts of Cyprus have jurisdiction to resolve any property disputes between estranged or divorced spouses provided that the assets over which the dispute is about (movable or immovable) are situated in Cyprus.
Increase in the assets
For the assets to be the subject of the dispute, what is taken into account, is the increase in the assets held by the spouse defending the action from the time of the marriage (or on the prospect of marriage). Any increase in the assets after the couple becomes estranged (this period does not have to be the time of the divorce; it can be an earlier period where the couple started living separately) cannot be the subject of a property dispute.
As mentioned earlier, what is important is the increase in the assets. For example, if the spouse defending the action had, prior to the marriage (or the prospect of marriage), a house belonging to him/her, that cannot be the subject of the dispute. If, however, an extra floor was built on the house after the marriage (or the prospect of marriage), that may well be the subject of the dispute. The same applies for money held in a bank, shares, bonds or other movable property held by the defending spouse.