https://knews.kathimerini.com.cy/en/business/numerous-foreclosure-sales-expected-in-2023-and-2024
The COVID-19 pandemic and the subsequent suspension of divestments since 2020 have led to the creation of a considerable volume of properties for disposal that banks and credit purchase companies have on their balance sheets....
https://knews.kathimerini.com.cy/en/business/ideal-real-estate-investment-opportunities-for-sale-by-astrobank
Commercial, industrial, and residential listings in various districts...
https://knews.kathimerini.com.cy/en/business/1-houses-for-sale-by-astrobank
Ideal as holiday homes, primary residences, or as an investment...
https://knews.kathimerini.com.cy/en/news/€130m-grant-plan-proposed-for-358-refugee-apartment-buildings
In an effort to effectively manage buildings in government housing estates and address observed structural issues, the Ministry of Interior has prepared a comprehensive Sponsorship Plan to be presented at Friday's Cabinet meeting. ...
https://knews.kathimerini.com.cy/en/business/january-2023-sees-significant-surge-in-building-permits
The total value of building permits in January 2023 increased by 45.8%, compared to January 2022, according to data published by the Statistical Service on Friday. At the same time, the total area increased by 28.5%...
https://knews.kathimerini.com.cy/en/news/police-investigate-death-in-chloraka-apartment-fire
A foreign man was found dead in an apartment in Chloraka on Wednesday, after neighbors reported a fire, but a preliminary investigation raised more questions than answers as to the cause of fire or time and manner of death...
https://knews.kathimerini.com.cy/en/comment/opinion/no-dignity-for-elderly-refugee-thanks-to-government
An elderly refugee, who is facing health problems and lives in one of the 43 unrepairable refugee apartment buildings without a lift, is confronted with a harsh reality in the twilight of his life....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/business/real-estate-investment-opportunities-by-astrobank
Houses, building plots, agricultural, commercial, and industrial real estate, in many areas of Cyprus...
https://knews.kathimerini.com.cy/en/news/legalities-and-time-constraints-delaying-repairs-of-refugee-apartments
Attempting to overcome legal and time constraints in the construction of refugee apartment buildings...
https://knews.kathimerini.com.cy/en/business/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....
https://knews.kathimerini.com.cy/en/business/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....
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/comment/opinion/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....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/news/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,...
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/secrets-of-the-a380-what-passengers-never-see
https://knews.kathimerini.com.cy/en/news/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. ...
https://knews.kathimerini.com.cy/en/business/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. ...
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/news/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...
