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1. Local home buyers feel priced out in divided Cyprus

Cypriots on both sides of the divided island have been noticing real estate prices going up in recent years due to foreign buyers willing shell out more, with reports suggesting the trend is going nowhere but up...

2. Luxury villas for sale by AstroBank

3. EC challenges 5% VAT proposal for primary residences

Finance Ministry Director-General George Pantelis informed the parliamentary Finance Committee that the European Commission disagrees with the consensual proposal agreed upon in Parliament regarding the imposition of a reduced VAT rate on the construction or acquisition of a primary residence....

4. Divestments trigger a risk of backlash in the Recovery Fund

As Cyprus races against time to secure €1.1 billion in grants and loans from the Recovery Fund (NextGenerationEU) by June 2026, a new challenge arises. ...

5. Australian citizens collaborate to repatriate Cypriot treasures

Thirty-six (36) Cypriot antiquities were successfully repatriated from Australia on May 20, thanks to the generous initiative of Australian citizens who voluntarily returned the antiquities in their possession to Cyprus....

6. Real estate: A closer look at prices and rental trends

With the chapter on imposing a reduced VAT rate of 5% on primary residences as a social policy measure finally moving towards resolution, an unresolved issue that has been lingering in the real estate market for years is being addressed....

7. Building land for sale by AstroBank

AstroBank is selling building land in various areas of Cyprus such as Famagusta, Paphos, Nicosia....

8. Henry Kissinger warns of looming peril: U.S.-China tensions and the AI arms race

U.S.-China tensions have been called a repeat of Cold War-era dynamics. But a more apt comparison may be the years preceding World War I when much of Europe was sitting on a powder keg of hostilities and overlapping territorial claims that required only two bullets to ignite. ...

9. Cabinet decides to take away Jho Low's passport

The President’s Cabinet in the Republic of Cyprus decided on Thursday to revoke Jho Low’s Cypriot citizenship after gathering information from Interpol to argue against the Malaysian financier’s appeal to keep his citizenship...

10. Houses and building land for sale by AstroBank

AstroBank is selling houses and building land in various areas of Cyprus such as Nicosia, Famagusta, Paphos, and Larnaca....

11. Police pursue lead in human skull discovery

Cyprus Police say human remains found in a rural area outside Paphos may belong to an elderly woman who went missing last month after her skull unearthed by dogs was a DNA match...

12. Nicosia scrambles to ease sanctions burden

The Registrar of Companies will accept requests from service providers to replace sanctioned persons with other persons, according to reliable sources...

13. Forty-nine years of lies

And suddenly we discovered that in the Occupied Territories, Greek Cypriot properties are being sold to Turkish Cypriots or Turks. Some of us went crazy and remembered the patriotic slogans about selling the holy and sacred places of the nation....

14. Another human skull in Paphos puzzles police

Another human skull was found in Paphos district over the weekend, with police saying they would conduct DNA test to run the results through the missing person database...

15. Cyprus wants Israelis to stop venturing into island’s north

Cypriot President Nikos Christodoulides raised during a visit to Jerusalem the issue of Israeli tourists and investors in the ethnically-split island’s northern part, amid reports that anti-Russian sanctions imposed by Nicosia were having a ripple effect on the local economy...

16. 'Full speed ahead to manage the partition'

Varosha was considered the last hope for a solution to the Cyprus problem and was "the negotiating card" of the Turkish side, as the former leader of the Turkish Cypriot community, Mehmet Ali Talat,...

17. Building land and offices for sale by AstroBank

AstroBank is selling building land, houses, and office space in various areas of Cyprus such as Famagusta, Larnaca, Paphos, and Nicosia....

18. Building land and offices for sale by AstroBank

AstroBank is selling building land, houses, and office space in various areas of Cyprus such as Famagusta, Larnaca, Paphos, and Nicosia....

19. King Charles: the properties he is forbidden to sell

King Charles inherited $500 million in assets after the death of Queen Elizabeth, but that's only part of his fortune....

20. Attica's real estate market delivers 126% returns in last 5 years

The housing market has recently evolved into one of the most profitable investments, with a return of up to 126% during the last five years (2017-2022)....

21. Q1 2023 sales reach €1.7 billion despite challenges

During the first quarter of 2023, the total value of properties sold was €1.7 billion. Despite facing numerous challenges that are starting to impact the real estate market, it has shown resilience...

22. The hypocrisy over Varosha

The news of three hotels owned by Greek Cypriots being sold to a Turkish Cypriot entrepreneur in Varosha summarizes our ongoing hypocrisy in the Cyprus issue, both in terms of the displaced and the property aspect in the negotiations....

23. Cypriot firms struggle to detach from sanctioned providers

The business registrar in the Republic of Cyprus has been flooded with requests from companies scrambling to make changes to their structures, after hundreds of firms on the island saw their assets frozen due to new sanctions targeting agencies viewed by Washington and London as 'Russian enablers'...

24. EU court rejects appeals against use of BBQLOUMI and GRILLOUMI

The General Court of the EU rejected two appeals made by the Foundation for the Protection of Traditional Cheese named Halloumi against the use of BBQLOUMI and GRILLOUMI by companies in Bulgaria and Sweden....

25. Building land for sale by AstroBank

AstroBank is selling building land in various districts of Cyprus such as Paphos, Larnaca, Famagusta, and Nicosia....

26. Cyprus Republic not involved in the 'sale' of the 3 hotels in Varosha

Today, a scheduled meeting was held at the Ministry of Foreign Affairs to commemorate the new government's inauguration. The Minister of Foreign Affairs, Mr. Kombos, met with the Municipality of Famagusta, led by Mayor Simos Ioannou. ...

27. Probe into T/C businessman's acquisition of G/C properties in Varosha

Government officials have refuted reports published by T/C newspaper Yeni Bakis which claimed that a T/C businessman had acquired three Greek Cypriot hotels and two floors of apartment buildings in the closed city of Famagusta with the approval of the Ministry of Interior of the Republic....

28. Michael Kyprianou & Co LLC partners with IP expert Nick Kounoupias

Following the successful launch of Cyprus IP Day on April 26th, 2023 hosted at the firm’s Nicosia office, which saw a number of local and international speakers share their insight and knowledge on the subject of Intellectual Property (IP), and provided innovators, entrepreneurs, and businesses with an opportunity to connect with IP experts, Michael Kyprianou & Co LLC announces the newly formed partnership with one of the speakers at Cyprus IP Day, UK IP Champion and IP expert Nick Kounoupias....

29. Gov't officials submit asset declarations: Who holds the most valuable property?

The deadline for submitting the Asset Declarations by members of the new Government, as provided by legislation, ends today, Thursday, April 27th....

30. Cyprus tightens criteria for immigration permit scheme

A revised set of criteria on the expedited process for granting immigration permits to third-country nationals who invest in Cyprus will be in effect as of May 2, 2023, the Interior Ministry announced on Friday....