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.
...
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...
https://knews.kathimerini.com.cy/en/news/chloraka-refugees-in-limbo-as-time-runs-out
A two-month grace period for asylum seekers in Chloraka ordered to move out of a studio complex is about to expire, with police saying they cannot enforce the eviction order as it has not been signed by a judge...
https://knews.kathimerini.com.cy/en/news/riot-police-move-in-after-chloraka-brawl
Police officers in plain clothes fired warning shots on Tuesday night in Chloraka, where a fight broke out near a controversial apartment complex that is reportedly under orders to close down...
https://knews.kathimerini.com.cy/en/news/in-exodus-from-lebanon-the-well-off-find-new-home-in-cyprus
Many well-off Lebanese who escaped their country’s economic tailspin for a new life in the nearby island nation of Cyprus say the transition has been a whirlwind of emotions....
https://knews.kathimerini.com.cy/en/business/luxury-residences-in-the-works-at-hilton-athens
Part of the agreement on the Hilton Athens hotel between Ionian Hotels and Hilton is for the landmark unit in the center of Athens to have about 50 luxurious private residences under the brands Conrad Residences and Waldorf Astoria Residences....
https://knews.kathimerini.com.cy/en/business/the-historic-athens-hilton-will-have-a-new-name-in-2024
The historic Hilton hotel in the center of Athens is changing its name. From 2024 it will be known as Conrad after the new agreement signed by the Hilton Group and the Ionian Hotel of the Konstantopoulos family....
https://knews.kathimerini.com.cy/en/news/germany-s-new-chancellor
Olaf Scholz became Germany’s ninth post-World War II chancellor Wednesday, opening a new era for the European Union’s most populous nation and largest economy after Angela Merkel’s 16-year tenure....
https://knews.kathimerini.com.cy/en/life/hotels
The Ministry of Tourism, after the approval of the Council of Ministers, announces the extension of the duration of the Domestic Tourism Support Plan for the period from December 1, 2021 until March 31, 2022....
https://knews.kathimerini.com.cy/en/life/japan-ikea-offers-a-10-square-meter-apartment-for-0-75-euros-per-month-video
Swedish furniture giant IKEA is joining the real estate market by renting out an apartment in Tokyo. The apartment, just 10 square meters, is being offered for a staggering rent of just 99 yen, or just 0.75 euros a month....
https://knews.kathimerini.com.cy/en/news/get-vaccinated-and-you-may-win-a-flat
Officials in Moscow are making COVID vaccines more enticing. In an effort to speed up vaccination rates, authorities set up a housing lottery for those over 18 and already vaccinated....
