https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/business/popular-hotel-chains-set-up-shop-in larnaca
The Accor Group, a major French hotel chain, recently made an official announcement about the opening of its first unit in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/government-owed-€16-2m-from-ineligible-first-time-home-buyers
More than 270 people who benefited from the reduced rate of 5% VAT for first-time home buyers, have been found to be ineligible, following checks carried out throughout Cyprus by the Tax Department, and should be charged 19% VAT, totaling €16.2 million announced on Wednesday the Minister of Finance, Constantinos Petrides, after the Council of Ministers. He also announced on-site checks on other categories of taxpayers and types of taxes....
https://knews.kathimerini.com.cy/en/business/world-s-largest-crypto-exchange-platform-to-set-up-shop-in-cyprus
The FTX bankruptcy scandal a few weeks ago rocked the entire crypto world to its core, after its founder Sam Bankman-Fried, the "wonderboy" of the crypto trading world,...
https://knews.kathimerini.com.cy/en/business/looking-for-a-strategy-to-suspend-foreclosure-sales
To protect vulnerable borrowers and stop the economy from being impacted by decisions that could harm its integrity, a strategy for the new potential three-month suspension of foreclosure sales is being sought.
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https://knews.kathimerini.com.cy/en/business/a-€6-million-chalet-is-just-one-of-several-investments-planned-for-the-mountains-of-cyprus
The new €6.3 million project in Moniatis, which is looking for a buyer, shows that investment in mountainous areas is picking up steam. With DTA's Guru projects, the creation of the Tree Hotel, hotel acquisitions by Property Gallery, and the restoration of the Berengaria Hotel in Prodromos, interest has recently begun to be more active....
https://knews.kathimerini.com.cy/en/news/ask-wire-index-apartments-lead-the-way-in-sale-and-rent-price-hikes-in-q2
Ask WiRE, a company combining real estate know-how with technology has published its Q2 2022 edition of the Ask WiRE Index for property sale and rental values. The Ask WiRE Index covers all districts and main property types, with values from Q4 2009....
https://knews.kathimerini.com.cy/en/business/ayia-napa-marina-welcomes-the-super-cruise-ship-rhapsody-of-the-seas
Ayia Napa Marina has proudly welcomed its first SUPER CRUISE SHIP ''Rhapsody of the Seas'', following the first cruise ship to anchor at the marina on 29 May. ...
https://knews.kathimerini.com.cy/en/news/ayia-napa-marina-opens-its-doors-to-four-legged-visitors
The management of Ayia Napa Marina, in the context of serving its visitors and customers and respecting animals, informs that it applies the relevant regulations and best practices regarding the entry of animals into the Marina's premises....
https://knews.kathimerini.com.cy/en/news/yiorkio-finds-patron-after-years-of-rejection
Nicosia’s abandoned luxury hotel Yiorkio Residence has been sold to a group focusing on upscale living, with reports saying the bidder is shelling out €20 million to acquire one of Cyprus’ real estate puzzles...
https://knews.kathimerini.com.cy/en/news/college-students-scramble-for-affordable-housing
Universities in the Republic of Cyprus are in the hunt for off-campus affordable housing solutions in a tough post-pandemic market, following reports that many students are resorting to nearby abodes both north and south of the divide line...
https://knews.kathimerini.com.cy/en/business/rics-cyprus-property-price-index-with-kpmg-in-cyprus-announces-results-of-q2-2022
KPMG in Cyprus announces that the ''RICS Cyprus Property Price Index with KPMG in Cyprus'' has been issued for Q2 2022....
https://knews.kathimerini.com.cy/en/news/germany-dims-lights-as-it-leads-europe-in-saving-energy
Summer nights in the wealthy Bavarian city of Augsburg this year are eerily dark and quiet: The facades of historic buildings are not illuminated, street lights are dimmed and most of the fountains are not operating....
https://knews.kathimerini.com.cy/en/news/cyprus-upgraded-to-tier-1-in-us-trafficking-in-persons-report
The Ministry of Justice and Public Order has welcomed the US State Department's Trafficking in Persons report for 2022 released on Tuesday noting the upgrade of Cyprus to Tier 1 status. ...
https://knews.kathimerini.com.cy/en/news/cyprus-property-market-growing-in-number-and-value
The Cyprus property market is growing while getting pricier, as the number of properties rises by 1.5%, while their overall value increased by 2.2% based on January 2021 prices compared to 2018 data....
https://knews.kathimerini.com.cy/en/news/mayor-minister-trade-barbs-over-fallen-balconies
The collapse of two balconies in Paphos last week has stirred up debate about asylum seekers being cramped into old apartments, but an expert in the field says local tenants are also part of the problem as there are no laws that would force them to vacate a building in need of maintenance...
https://knews.kathimerini.com.cy/en/news/men-critical-after-balcony-collapse-in-paphos
Three young men in Paphos were seriously injured on Thursday when the balcony of their apartment collapsed, prompting the mayor to level accusations against 'greedy property owners' who crap people in old buildings...
https://knews.kathimerini.com.cy/en/news/a-new-hotel-opens-in-the-heart-of-old-nicosia
Interest in investing within the walls of Nicosia is growing. The purchase of property to be transformed into student dormitories and new apartments is being discussed both by local businessmen and in real estate circles. ...
https://knews.kathimerini.com.cy/en/news/glamping-is-on-the-rise-and-hostels-are-coming-soon
In January 2020, Airbnb's were officially allowed to operate in Cyprus, giving tourists an alternate mode of accommodation on the island in addition to hotels and hotel apartments....
https://knews.kathimerini.com.cy/en/business/rics-cyprus-property-price-index-with-kpmg-in-cyprus-announces-results-of-q1-2022
KPMG in Cyprus announces that the “RICS Cyprus Property Price Index with KPMG in Cyprus” has been issued for Q1 2022...
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-letting-your-property-in-cyprus-through-online-platforms-e-g-airbnb
The economy of Cyprus is largely dependent on tourism, and this is evident from the fact that government revenues from tourism accounted for over 12% of Cyprus GDP in year 2019 (in accordance with publicly available statistics extracted pre Covid-19 pandemic). ...
https://knews.kathimerini.com.cy/en/news/clashes-between-locals-and-foreigners-continue
A man has been arrested in the aftermath of a violent altercation between locals and foreigners in Emba, a quiet town in western Cyprus where residents have been up in arms over recent arrivals of Syrian and African refugees...
https://knews.kathimerini.com.cy/en/news/russians-pile-into-property-in-istanbul-and-dubai-to-shelter-from-sanctions
Wealthy Russians are pouring money into real estate in Turkey and the United Arab Emirates, seeking a financial haven in the wake of Moscow's invasion of Ukraine and Western sanctions, according to many property companies....
https://knews.kathimerini.com.cy/en/business/major-projects-underway-in-larnaca-nicosia
The Cyprus real estate and construction sectors are moving past the demise of the scrapped Citizenship for Investment Programme, turning their attention to the capital and the once-neglected coastal town of Larnaca, while Limassol, with its high-rises and cosmopolitan lifestyle, is still seeing part of the action....
https://knews.kathimerini.com.cy/en/news/pimp-locked-up-in-limassol-brothel-case
A man in Limassol has been sentenced to eight years in prison for pandering, after police detained him and four women during a prostitution sting in late 2020...
https://knews.kathimerini.com.cy/en/news/where-have-wealthy-russians-disappeared-to
It stretches into the Persian Gulf from Dubai. The man-made archipelago in the shape of a huge palm tree is full of luxury hotels, apartments and villas....
https://knews.kathimerini.com.cy/en/news/cyprus-is-losing-its-russians-confronting-existential-questions-about-its-economy
For decades, Cyprus built an economy that courted Russians — Russian tourists, Russian investors, Russian oligarchs.
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https://knews.kathimerini.com.cy/en/news/police-probe-water-theft-in-chloraka-s-refugee-complex
A man has been arrested in Paphos after the local council in Chloraka filed a complaint for illegal tapping of water supply at a controversial apartment complex where hundreds of refugees have been asked to leave...
https://knews.kathimerini.com.cy/en/news/expert-shocked-as-chloraka-stoked-about-breakwaters
Local officials in Chloraka are stoked about tourism potential following a deal to install breakwater structures, but a coastal engineer is raising safety concerns for the project in Paphos’ western town that has been occupying the headlines recently over refugee management...
https://knews.kathimerini.com.cy/en/news/government-issues-ultimatum-in-chloraka-refugee-standstill
Paphos officials are seeking ways to convince asylum seekers at a controversial studio complex in Chloraka to move out, with reports saying residents have been told they would lose their refugee assistance unless they agree by the end of the month to relocate at a migrant facility...