https://knews.kathimerini.com.cy/en/news/lpg-leak-unveiled-as-cause-in-fast-paced-probe
Investigations into the strong explosion that rocked Egkomi on Tuesday night (20/2) are progressing rapidly.
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https://knews.kathimerini.com.cy/en/news/cyprus-adopts-pay-as-you-throw-system-to-tackle-surging-municipal-waste
The Statistical Service of Cyprus reveals a 5% surge in municipal solid waste, reaching 615,000 tonnes in 2022. Per capita waste generation stands at 673 kg, ranking Cyprus the 5th highest in the EU. With 77.5% disposed of in landfills, the nation is gearing up for a "Pay as You Throw" (PAYT) system....
https://knews.kathimerini.com.cy/en/business/1-residential-land-for-sale-by-astrobank
AstroBank is selling land, which is ideal for development in various areas of Cyprus such as Nicosia, Famagusta, Paphos....
https://knews.kathimerini.com.cy/en/news/after-berengaria-comes-the-development-of-the-highlands
In recent months, work on the historic Berengaria Hotel in Prodromos, a €35 million project, has come to a standstill. But this is only temporary....
https://knews.kathimerini.com.cy/en/business/astrobank-residential-and-commercial-plots-land-for-sale
AstroBank is selling residential, as well as commercial plots in various areas of Cyprus in the districts of Nicosia, Larnaca, Famagusta, and Paphos....
https://knews.kathimerini.com.cy/en/news/housing-costs-rise-apartments-jump-11-1-in-2024
House and apartment rents went up 8% and 11.1%, respectively, over the year in the fourth quarter of 2024, according to the Ask Wire Index. At the same period, house and apartment values rose 3% and 8.8% respectively over the year....
https://knews.kathimerini.com.cy/en/news/police-arrest-34-year-old-in-connection-with-burglary-investigation
Paphos police took a 34-year-old into custody on Monday in Paphos to facilitate investigations into a suspected case of apartment burglary, illegal possession of property, and possession of burglary tools....
https://knews.kathimerini.com.cy/en/news/balcony-collapse-raises-safety-concerns-in-germasogeia
In the early hours of Friday morning, a balcony in an apartment building on George A Street, Germasogeia, collapsed, raising serious safety concerns for residents and pedestrians. Fortunately, no casualties were reported in the incident....
https://knews.kathimerini.com.cy/en/news/tragic-incidents-shake-istanbul-as-recent-suicides-raise-concerns
Shocking images made the rounds of the Turkish media, with 54-year-old Eleni Bulunda committing suicide in the Beilıkcuzu area, a suburb of Istanbul, on Monday afternoon (15/01) by jumping from the roof of a shopping mall....
https://knews.kathimerini.com.cy/en/news/ceo-predicts-price-drops-for-homes-over-500k-euros
In the latest property data, the real estate landscape in Cyprus paints a picture of continuous growth, particularly in the apartment sector. However, a closer look reveals a potential plateau in the high-end market, specifically for properties priced at 500 thousand euros and above....
https://knews.kathimerini.com.cy/en/news/cyprus-real-estate-booms-in-q3-2023
Cyprus experienced a real estate boom in the third quarter of 2023, with housing prices soaring and a surge in demand from both domestic and foreign buyers, according to data released by the Central Bank of Cyprus (CBC) on Wednesday....
https://knews.kathimerini.com.cy/en/news/construction-say-farewell-to-building-permits
In a groundbreaking move to simplify the development control system, Cyprus is set to abolish urban and building permits for small-scale projects....
https://knews.kathimerini.com.cy/en/news/christodoulides-strong-message-ignore-sirens-focus-on-governance
The swearing-in and assumption of duties of the new ministers and officials of the government took place today (10/01), at the Presidential Palace....
https://knews.kathimerini.com.cy/en/news/government-takes-bold-steps-to-speed-up-construction-approvals
The Ministry of Interior in Cyprus is on a mission to simplify the development control system by implementing a comprehensive package of 22 measures in collaboration with the Cyprus Scientific and Technical Chamber (CSTC). ...
https://knews.kathimerini.com.cy/en/news/reclaiming-700-000-vacant-homes-could-ease-greece-s-housing-crisis
The return to the real estate market of at least 700,000 homes that are currently closed or have stood empty for a number of years could play a key role in addressing Greece’s housing crisis....
https://knews.kathimerini.com.cy/en/news/woman-arrested-for-duping-victims-of-over-€430-000
In a shocking turn of events, a 52-year-old woman has been apprehended by Limassol Police for allegedly orchestrating a fraudulent real estate scheme.
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https://knews.kathimerini.com.cy/en/news/greece-rolls-out-climate-resilience-levy-to-fund-post-disaster-reconstruction
In an effort to finance reconstruction projects following severe forest fires and floods, the Greek government has introduced a new accommodation tax, referred to as the 'climate resilience levy.'...
https://knews.kathimerini.com.cy/en/business/europe-tightens-rules-on-short-term-rentals-for-sustainable-tourism
The noose has tightened for short-term rentals within European territory, i.e. ''Airbnb'' and other well-known platforms. The aim of the new three rules from the European institutions is to promote more sustainable tourism,...
https://knews.kathimerini.com.cy/en/news/deputy-pm-and-mp-deny-explosive-bribery-claims
In a shocking turn of events, a bribery scandal has erupted in the Turkish Cypriot government, implicating the deputy prime minister and a board member of the development bank....
https://knews.kathimerini.com.cy/en/business/landlords-urged-to-be-reasonable-when-pricing-rentals
Marinos Keynegirou, the president of the Real Estate Registration Council, warns of escalating prices and dwindling demand in the real estate market's fourth quarter....
https://knews.kathimerini.com.cy/en/news/eac-refunds-€82-85-to-flat-tenants-over-faulty-photovoltaic-charges
The Electricity Authority of Cyprus (EAC) has decided to refund 82.85 euros to tenants of apartments connected to photovoltaic systems in response to an incorrect charging mechanism, known as ripple control, that was found to be nonexistent in the system. ...
https://knews.kathimerini.com.cy/en/news/chinese-elite-move-billions-abroad-in-economic-shift
In a remarkable shift this year, affluent Chinese have moved hundreds of billions of dollars out of the country, capitalizing on the end of COVID precautions that had tightly sealed China's borders for nearly three years....
https://knews.kathimerini.com.cy/en/news/balcony-collapse-shakes-limassol
In the early hours of the morning, a residential block on Nafpliou Street in Limassol was thrust into chaos as balconies on multiple floors of an apartment building gave way. ...
https://knews.kathimerini.com.cy/en/business/1-astrobank-residential-and-commercial-properties-for-sale
AstroBank is selling residential and commercial properties in various areas of Cyprus such as Larnaca, Paphos and Nicosia....
https://knews.kathimerini.com.cy/en/business/stephanis-leads-the-charge-in-€17-7m-commercial-venture
Alexandros Stephanis & Co Ltd is making waves in the real estate scene with a visionary €17.7 million mixed commercial and residential development....
https://knews.kathimerini.com.cy/en/news/15-7-spike-in-building-permit-values
Despite the drop of total number of building permits during the first nine months of 2023, compared to the same period of 2022, their total value recorded an increase of 15.7%, and their volume went up by 2.9%....
https://knews.kathimerini.com.cy/en/business/astrobank-residential-and-agricultural-properties-for-sale
AstroBank is selling residential and agricultural properties in all districts of Cyprus. The Bank's listings include houses and apartments, office space, land, and commercial buildings. The available properties are located in urban and rural areas, providing prospective buyers with a wide range of choice to find the one that best meets their needs....
https://knews.kathimerini.com.cy/en/business/residential-properties-for-sale-by-astrobank
AstroBank is selling residential properties as well as a shop in various areas of Cyprus such as Larnaca, Paphos, Nicosia and Famagusta....
https://knews.kathimerini.com.cy/en/news/cypriot-arrested-in-ny-for-alleged-synagogue-theft
In a surprising turn of events, George Theodoulidis, who had been the subject of concern due to an unexplained absence, was arrested, drawing public attention. His disappearance prompted relatives to take to social media seeking information....
https://knews.kathimerini.com.cy/en/business/major-players-unveil-ambitious-plans-for-shopping-malls-in-limassol
After Nicosia, the competition among shopping centers is shifting to the market in Limassol. The focus of the two strong players in the capital, Nicosia Mall (owned by Zorpa Group, PHC Group, Athienitis Group, and VLM Group) and Atterbury Europe (Mall of Cyprus), is set on their next investments in Limassol....
