Search

301. EC pushing Cyprus to pass home VAT bill or risk sanctions

Cyprus is currently facing a serious issue with the 5% VAT rate for first-time homeowners. The European Commission has issued a final warning to pass a bill that regulates the issue that has been ongoing since 2020....

302. Real estate investment opportunities by AstroBank

Houses, building plots, agricultural, commercial, and industrial real estate, in many areas of Cyprus...

303. Legalities and time constraints delaying repairs of refugee apartments

Attempting to overcome legal and time constraints in the construction of refugee apartment buildings...

304. MEP's pass bill banning home sales or rentals without energy upgrade

All properties available for sale or rent must incur compulsory energy upgrade costs, costing tens of thousands of euros, from 2030 onward, based on what is stated in the relevant European Union directive....

305. Investigation into understaffing in the tourism industry is imminent

The start of the summer travel season is anticipated to occur around the end of March or the beginning of April, along with the reopening of hotel facilities that were closed during the winter....

306. Kaili lawyer stunned as MEP’s partner walks free

The defense for Greek MEP Eva Kaili is raising hell after Belgian authorities released her partner in an ongoing corruption investigation, with one of her lawyers accusing Belgium’s criminal justice of operating against European legal culture...

307. Turkey pushes on rebuilding as death toll nears 50,000

Turkey has stepped up plans to house victims of the devastating earthquake which struck its border region with Syria, the interior minister said, as the combined death toll in the two countries crept toward 50,000....

308. Thinking of investing in real estate? Don’t do it.

A lack of financial literacy can lead people to consider investing in direct real estate. This a provocative statement to say the least, so let me explain....

309. Many still missing as death toll tops 45,000

More than 45,000 people have been killed in the earthquake that struck Turkey and Syria, and the toll is expected to soar with some 264,000 apartments in Turkey destroyed and many still missing as rescue workers listen for signs of life under the rubble....

310. Rescue effort in Turkey ends in all but two areas

Turkey has ended rescue efforts in all but two provinces, almost two weeks after a massive earthquake killed tens of thousands of people, the country's disaster agency said, while US Secretary of State Antony Blinken arrived in Turkey and announced $100m in humanitarian aid...

311. PwC: 5.2 billion in real estate transactions in 2022

Transaction volumes in the real estate and land development sector have surpassed those of 2019. According to the most recent PwC Cyprus publication, the total value of transactions in 2022 will reach €5.2 billion,...

312. Turkey orders arrests over collapsed buildings in earthquake

Turkey vowed on Sunday to investigate thoroughly anyone suspected of responsibility for the collapse of buildings in the country's devastating earthquakes nearly one week ago and has already ordered the detention of 113 suspects...

313. Apartment prices continued its upward momentum in Q4 2022

Apartments continued to drive the rising real estate prices in the fourth quarter of 2022, data published by the Aks WiRE Index show....

314. Turkey - Syria: New 7.7 magnitude earthquake - Also felt in Cyprus

According to the Euro-Mediterranean Institute, a new earthquake with a magnitude of 7.7 was recently felt in Turkey. According to Syrian state media, it was also felt in Damascus....

315. Secrets of the A380: What passengers never see

316. A large number of foreclosure notices to be sent tomorrow

Today, Tuesday, January 31, 2023, marks the end of the most recent three-month suspension of divestments imposed by a resolution of the House of Representatives. ...

317. Limassol could still have another 8,000 apartments

As the demand for real estate in city centers has increased in recent years, Ask Wire's research identifies many parcels of land in the central areas of Cypriot cities that are either underutilized or only partially utilized. ...

318. The demand for new homes is dwindling

The large investments and development projects mentioned by Minister of Transport and Works Yannis Karousos in his ministry's recent project presentation may have kept the construction and real estate sector afloat until 2022, but the industry still faces challenges....

319. Ukraine: Resignations abound amid corruption allegations

Ukraine's leadership appears to be in disarray, with corruption allegations, resignations of close associates of President Volodymyr Zelensky, and the president himself undergoing a wide-ranging reshuffle of his government staff....

320. Qatargate: Eva Kaili's Testimony

One day after her arrest, SKAI reveals Eva Kaili's answers to the investigator during her testimony to Belgian authorities....

321. Man murdered for a mere 200 euros

The brutal murder of 61-year-old Dorotheos Dimitriadis on January 4 in Latsia by a group of people who beat him mercilessly has shocked the country....

322. Ballet dancer’s death in Cyprus still unclear

The death of a ballet dancer, who had made Cyprus his temporary base after the pandemic, was still unclear following a fall from a balcony in Nicosia last month, with his mother still waiting for official word from the police while media speculation points to suicide...

323. Man dies in Latchia after brawl incident

Three people were arrested on Wednesday in connection with a death in Latchia, where a man reportedly told police officers moments before he passed away that he had been attacked earlier...

324. Former Pope Benedict XVI dies

Pope Emeritus Benedict XVI, the shy German theologian who tried to reawaken Christianity in a secularized Europe but will forever be remembered as the first pontiff in 600 years to resign from the job, died Saturday...

325. Cyprus' Archbishop Georgios lays down the law

Cyprus’ newly elected Archbishop Georgios says he will adhere to the island’s church traditions but also promote religious inner-peace, adding all people of Cyprus are united against one enemy...

326. Officer injured in clash outside foreclosed property

The owner of a foreclosed property in Paphos was arrested on Thursday following an altercation outside an apartment complex, where a female police officer was injured...

327. Belgian judge throws book at Eva Kaili

EU lawmaker Eva Kaili has been ordered to remain in custody for another month as investigations continue into corruption charges, with one of her lawyers suggesting prosecutors were ‘acting politically’ in the case...

328. Kaili admits to asking father to hide money

Greek MEP Eva Kaili has admitted under questioning in Belgium that she had asked her father to hide part of the money that was in her home, according to reports in the Belgian magazine Knack and newspaper Soir....

329. MEP Eva Kaili fires back from jail cell

An attorney for EU lawmaker Eva Kaili, who is accused of being involved in an alleged bribery scandal involving a Gulf state, says money found in his client’s Brussels home did not belong to her, while a Cypriot MEP says he was troubled by her colleague’s stance towards Turkey’s ally Qatar...

330. More EU Parliament offices raided in corruption probe

Belgian police conducted more raids at European Parliament offices Monday as the legislature’s president pledged to launch an internal investigation into corruption allegations and the bloc’s top official called for the creation of an EU-wide independent ethics body...