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/dr-anastasatos-forecasts-bright-future-for-cyprus-economy-in-candid-interview
Eurobank group's chief economist, Dr Tasos Anastasatos, expresses optimism about the Cyprus economy, emphasizing that the decision to expand the group's banking presence in Cyprus is linked to these positive economic prospects....
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/business/cofounder-ceo-philanthropist-and-now-cowboy
The Meta chief's new addition to a list of titles comes as he revealed his latest venture is livestock farming....
https://knews.kathimerini.com.cy/en/news/university-of-nicosia-hosts-xrpl-hackathon-in-2024
The University of Nicosia (UNIC) is excited to announce the Cyprus Tech Odyssey: XRPL Hackathon 2024, in collaboration with Ripple, scheduled to take place between January 18-20, 2024....
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/business/january-newsletter-of-k-treppides-co-ltd-eiopa
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. A newsletter issue from Treppides is an essential tool for those who are engaged in the broader financial and business sector, as one can find through the pages all the important and current developments, as well as the latest news relating to financial, audit and assurance, tax as well as legal services....
https://knews.kathimerini.com.cy/en/news/new-details-emerge-in-menendez-s-qatari-bribery-allegations
In a complex legal saga, U.S. Senator Bob Menendez finds himself ensnared in deeper troubles as fresh allegations unfold....
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/israeli-investments-raise-eyebrows-in-occupied-territories
The large-scale acquisition of land in the Occupied Territories by Israeli citizens and Europeans of Jewish descent is creating interesting dynamics within the Turkish Cypriot community, as well as in Turkish and Turkish Cypriot press reports....
https://knews.kathimerini.com.cy/en/news/greek-home-sales-face-unprecedented-delays
The process of selling a house in Greece has started to look like an odyssey, after the developments of the last few weeks....
https://knews.kathimerini.com.cy/en/news/lisbon-s-homes-unaffordable-as-prices-hit-record-highs
In a dramatic twist, Lisbon finds itself grappling with a housing crisis, ranking second only to Athens in soaring housing costs among major European cities, reports Bloomberg. ...
https://knews.kathimerini.com.cy/en/news/parliament-approves-measures-for-npls-and-foreclosures-framework
Cyprus' Finance Ministry has expressed satisfaction with the parliament's approval of laws integral to the comprehensive package for managing Non-Performing Loans (NPLs) and the foreclosure framework....
https://knews.kathimerini.com.cy/en/news/non-performing-loans-take-a-€95m-dive
As of the end of September 2023, the total Non-Performing Loans (NPLs) in the banking system of Cyprus further decreased to €2.02 billion compared to €2.08 billion at the end of August.
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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/boc-revitalizes-former-orphanides-building-in-2026
Thoughts from the past year and a half are taking concrete form for the Bank of Cyprus, particularly concerning its plans for the creation of a new central headquarters (BOC Headquarters - Q H)....
https://knews.kathimerini.com.cy/en/news/billionaires-choose-abu-dhabi-as-global-wealth-safe-haven
In a surprising trend, billionaires including Zhao Changpeng, the Adani family, Ray Dalio, and Vladimir Lisin are flocking to Abu Dhabi's international financial center, establishing special purpose vehicles (SPVs) to safeguard their fortunes....
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/cyprus-u-s-relations-soar-to-historic-highs-as-president-pledges-economic-cooperation
President Nikos Christodoulides emphasized the government's commitment to strengthening economic ties, trade, and investment with the United States during the AmCHAM Cyprus Thanksgiving Gala Dinner in Nicosia. ...
https://knews.kathimerini.com.cy/en/news/swedish-media-exposes-sizopoulos-s-tie-to-golden-passports-scheme
In a joint investigation, Göteborgs-Posten and OCCRP shed light on EPP President Marinos Sizopoulos's connection to the 'golden passports' scandal....
https://knews.kathimerini.com.cy/en/business/michael-kyprianou-co-llc-receives-cyprus-firm-of-the-year-legal-award-at-who-s-who-legal-awards-2023
Michael Kyprianou & Co LLC has been awarded the Cyprus Firm of the Year Award by Who’s Who Legal (WWL). ...
https://knews.kathimerini.com.cy/en/news/guardian-russian-money-flows-without-questions-in-the-occupied-territories
In the Turkish-occupied northern Cyprus, an influx of Russian speakers, particularly from the former Soviet Union, has turned the area into a real estate hotspot. ...
https://knews.kathimerini.com.cy/en/news/abramovich-tied-to-putin-s-wallets-in-cyprus-scandal
The fallout from the "Cyprus Confidential" probe implicating Cyprus in dealings with Russian oligarchs continues to send shockwaves. Leaked documents obtained by the BBC expose a money trail connecting oligarch Roman Abramovich to individuals referred to as President Vladimir Putin's 'wallets.'...
https://knews.kathimerini.com.cy/en/news/larnaca-takes-on-mosquito-menace-as-residents-warned-to-drain-trouble-spots
Municipal authorities in Larnaca are intensifying systematic mosquito spraying efforts as residents are found neglecting areas conducive to mosquito breeding. ...
https://knews.kathimerini.com.cy/en/news/michael-kyprianou-co-scoops-prestigious-cyprus-firm-of-the-year
Michael Kyprianou & Co LLC has been awarded the Cyprus Firm of the Year Award by Who’s Who Legal (WWL). ...
https://knews.kathimerini.com.cy/en/news/cyprus-certifiers-clash-over-their-official-stamp
Tensions are escalating between the Ministry of Interior and certifying officials in the Republic of Cyprus, as a dispute erupts over uncontrolled certifications, misuse of the nation's coat of arms seal, alleged forgeries, undeclared income, and certifying officials who stand accused of rejecting complaints lodged against them....
https://knews.kathimerini.com.cy/en/news/will-foreclosures-plague-2023
There is a race against time, with only a few weeks left to address the issue of foreclosures and enhance the framework....
https://knews.kathimerini.com.cy/en/news/un-mediates-as-verbal-incident-sparks-pyla-diplomacy
The situation in Pyla remains quiet, United Nations sources told the Cyprus News Agency when asked about press reports on tension in the area....
https://knews.kathimerini.com.cy/en/business/limassol-s-real-estate-boom-registers-€310m-in-property-sales-for-q3-2023
Ask Wire, a real estate and technology expertise company, has conducted an analysis and presented data on property sales in the Limassol district for the third quarter of 2023.
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