https://knews.kathimerini.com.cy/en/business/apartments-take-the-lead-in-cyprus-property-market-boom
Apartments were the standout performers in Cyprus' real estate market in 2024, taking the lead in both sales volume and overall value, according to a detailed analysis by Landbank Analytics....
https://knews.kathimerini.com.cy/en/news/two-hungarians-jailed-for-selling-homes-on-occupied-land
Two Hungarian nationals were sentenced to prison on Friday for their involvement in advertising and promoting the sale of homes on Greek Cypriot land in the occupied territories....
https://knews.kathimerini.com.cy/en/news/larnaca-s-horizon-towers-is-a-fresh-start-for-the-city-s-waterfront
What was once a hub for oil and gas storage in Larnaca is about to be transformed into a thriving, modern neighborhood. ...
https://knews.kathimerini.com.cy/en/news/snakes-on-the-rise-as-drought-drives-snakes-into-cyprus-homes
Cypriot homeowners are getting some unexpected, and very unwelcome, visitors lately: snakes. Reports of slithery intruders in yards, gardens, and even by swimming pools are becoming more frequent as warm weather and drought conditions drive the reptiles into residential areas in search of water and shade....
https://knews.kathimerini.com.cy/en/business/greek-universities-set-up-shop-in-cyprus-but-this-time-you-ll-pay-tuition
In a move that’s set to shake up the local university scene, three of Greece’s largest public universities are opening campuses in Cyprus, and unlike back home, they’ll be charging tuition....
https://knews.kathimerini.com.cy/en/news/pwc-cyprus-the-cypriot-real-estate-market-maintained-its-momentum-in-2024
PwC Cyprus presents its annual report on the Cypriot real estate market, outlining the main developments and trends of the sector during 2024, through detailed analysis and the use of extensive databases as well as the firm’s sectoral expertise....
https://knews.kathimerini.com.cy/en/news/erdogan-to-inaugurate-new-government-complex-in-occupied-north
A new wave of political theater is unfolding in Cyprus’ occupied north, as Turkey prepares to inaugurate a grandiose complex housing the so-called ''presidency'' and ''parliament'' of the breakaway regime, ...
https://knews.kathimerini.com.cy/en/business/5-residential-properties-for-sale-by-astrobank
AstroBank has listed for sale a penthouse in Strovolos, as well as other residential properties in Nicosia, Larnaca, Paphos, and Famagusta....
https://knews.kathimerini.com.cy/en/comment/opinion/is-development-finance-the-key-to-fixing-london-s-housing-crisis
London’s housing crisis is certainly nothing new, but its consequences are becoming increasingly harder to ignore....
https://knews.kathimerini.com.cy/en/news/europe-to-tourists-enough-is-enough
If you’re planning a European getaway in 2025, expect more rules, higher fees, and fewer places to party. From Venice to Santorini, some of Europe’s most iconic destinations are saying “enough is enough” when it comes to mass tourism....
https://knews.kathimerini.com.cy/en/news/more-people-can-now-apply-for-affordable-housing-help
Good news if you’ve been struggling to qualify for affordable housing: the government just made it easier to apply....
https://knews.kathimerini.com.cy/en/news/tourism-win-housing-headache-as-airbnbs-boom-in-cyprus
With over 12,000 short-term rentals currently in operation (and counting), Cyprus has become a hotspot for travelers seeking more flexible and often cheaper accommodation than traditional hotels. ...
https://knews.kathimerini.com.cy/en/news/nicosia-s-historic-olive-grove-to-be-relocated-for-major-urban-project
All olive trees from the historic grove in the “Metochi tou Kykkou” area of Nicosia will be uprooted and replanted in a newly designated green space at the center of the site as part of plans to transform the land into a mixed-use urban development....
https://knews.kathimerini.com.cy/en/news/from-summer-hotspot-to-all-year-hub
Cyprus has big dreams, and according to Christos Angelides, General Manager of the Pancyprian Hotel Association (PASYXE), it’s going to take grit, vision, and a lot of teamwork to turn the island into a top-tier, all-year-round destination. But the potential? It’s definitely there....
https://knews.kathimerini.com.cy/en/news/kykkos-monastery-s-mega-project-set-to-transform-engomi
A major new development is taking shape in Engomi, Nicosia, on land owned by the Kykkos Monastery. The project is one of the largest mixed-use developments Cyprus has seen and is designed to transform the area surrounding the “Agios Prokopios” Metochi into a modern urban center....
https://knews.kathimerini.com.cy/en/news/buffer-zone-tensions-and-crossing-point-deadlocks-test-peace-process
The period following the informal five-party summit in Geneva and the subsequent meeting of the two Cypriot leaders on the island is shaping up to be a diplomatically crucial time. ...
https://knews.kathimerini.com.cy/en/news/rents-keep-climbing-but-house-prices-aren-t-going-anywhere
If you’re renting in Cyprus, you’re not imagining it; it really is getting more expensive year after year. New figures from Eurostat confirm that rents on the island jumped by 4.6% in 2024 compared to the previous year, continuing a steady upward trend that’s been going on since 2017....
https://knews.kathimerini.com.cy/en/business/mortgage-rates-dip-in-cyprus-but-we-re-still-paying-more-than-the-rest-of-europe
Mortgage interest rates in Cyprus dipped slightly in February, offering some relief to prospective homeowners, but don't pop the champagne just yet. Despite the modest cuts, borrowing in Cyprus remains noticeably more expensive than in the rest of the Eurozone....
https://knews.kathimerini.com.cy/en/news/grants-up-to-€35-000-for-renovating-empty-homes-–-with-a-catch
The Ministry of Interior has officially launched the ''Renovate-Rent'' Scheme, opening the door for property owners to receive grants of up to €35,000 to fix up vacant homes — as long as they rent them out affordably....
https://knews.kathimerini.com.cy/en/news/cyprus-bets-on-students-to-revitalize-old-nicosia-but-at-what-cost
Once overshadowed by controversy over unregistered universities—a scandal that drew scrutiny from Brussels—Cyprus has quietly reinvented itself as a rising destination for students across Europe. ...
https://knews.kathimerini.com.cy/en/news/businesses-call-for-simpler-fairer-tax-reform-in-cyprus
The Institute of Certified Public Accountants of Cyprus is raising concerns over Cyprus’ proposed tax reform, arguing that while the new framework aims to ease the tax burden on individuals and businesses, it remains overly complex. ...
https://knews.kathimerini.com.cy/en/business/consulco-s-lc-london-credit-aif-v-c-i-c-public-ltd-london-credit-fund-launches-compartment-c
Consulco is delighted to announce the launch of Investment Compartment C, the newest sub-fund of the London Credit Fund. ...
https://knews.kathimerini.com.cy/en/news/nearly-1-in-5-households-in-cyprus-unable-to-keep-homes-warm
A recent European report has shed light on a concerning issue in Cyprus: nearly one in five households is struggling to keep their homes warm....
https://knews.kathimerini.com.cy/en/news/26-state-plots-for-new-livestock-units-to-boost-sheep-and-goat-farming
Cyprus is taking significant steps to strengthen its sheep and goat farming industry with the announcement of 26 state-owned plots available for the construction of new livestock units....
https://knews.kathimerini.com.cy/en/news/cyprus-government-unveils-plans-to-tackle-housing-crisis
Cypriots struggling with the growing housing crisis can breathe a little easier, thanks to new government measures aimed at making homes more affordable and accessible....
https://knews.kathimerini.com.cy/en/news/president-christodoulides-‘together-we-are-changing-cyprus
President Nicos Christodoulides reflected on his administration’s accomplishments during a televised sit-down with journalists, marking two years since he took office....
https://knews.kathimerini.com.cy/en/news/eu-pushes-for-tougher-deportation-rules-for-rejected-asylum-seekers
The European Commission has rolled out a new plan to make it easier to send back asylum seekers who don’t qualify to stay in the EU....
https://knews.kathimerini.com.cy/en/news/lack-of-certificate-of-occupancy-puts-homeowners-at-risk-in-rent-to-mortgage-plan
A surprising revelation in the ongoing discussion about the Rent to Mortgage Scheme has raised concerns for homeowners across Cyprus: around 60% of the properties involved in the scheme do not have an official certificate of occupancy, meaning that a building complies with all necessary regulations and is safe for use or habitation....
https://knews.kathimerini.com.cy/en/life/barbershop-battle-brews-in-nicosia-s-old-town-as-cypriot-barbers-face-extinction
In Nicosia’s Old Town, a quiet battle is playing out—one haircut at a time. On one side are the last five Cypriot barbers still operating in the walled city, clinging to tradition and fearing extinction. ...
https://knews.kathimerini.com.cy/en/business/larnaca-s-landmark-‘land-of-tomorrow-project-set-to-break-ground
Larnaca’s waterfront is set for a major transformation, as construction on the ambitious Land of Tomorrow project is set to begin in the coming months, with a total investment exceeding €800 million....