https://knews.kathimerini.com.cy/en/comment/opinion/on-trozena-s-pitch-black-ridge
Trozena is a Greek Cypriot village, while Gerovasa and Fasli are Turkish Cypriot ones. Small villages, forgotten villages, abandoned today, until suddenly they turned into investment El Dorados. Now everyone is trying to balance somewhere between development and what people politely call “rural gentrification,” while the State once again watches from the sidelines....
https://knews.kathimerini.com.cy/en/news/rising-building-costs-could-soon-make-homes-even-pricier
The first major price increases in construction materials for new residential buildings are already becoming visible, driven largely by soaring fuel costs over the past two months, according to property market executives in Greece.
...
https://knews.kathimerini.com.cy/en/news/plans-to-revive-abandoned-trozena-village-move-ahead-amid-debate-over-foreign-investment
The long-abandoned village of Trozena in the Limassol district is at the center of renewed debate after officials confirmed that private land in the area is being sold to foreign investors as part of plans to revive the deserted settlement....
https://knews.kathimerini.com.cy/en/business/in-cyprus-on-budget-is-the-exception-not-the-rule
In Cyprus, the doubling of the cost to complete the Paphos–Polis Chrysochous road is being seen by analysts as less of an exception and more like the rule in a public works system under strain....
https://knews.kathimerini.com.cy/en/news/cyprus-linked-firms-tied-to-€25-8m-russian-construction-fraud-investigation-finds
A new investigation by the Cyprus Investigative Reporting Network (CIReN) reveals that companies based in Cyprus were linked to a €25.8 million fraud case involving Russia’s construction sector....
https://knews.kathimerini.com.cy/en/news/nicosia-tells-europe-cities-know-what-people-actually-need
Ever wondered who actually fixes the potholes, deals with housing shortages, or scrambles during a heatwave? City halls do. And this week, Europe’s capital city mayors came together to remind Brussels of exactly that....
https://knews.kathimerini.com.cy/en/news/16-years-for-one-case-audit-exposes-shocking-delays-in-land-department
Serious systemic problems are undermining how state land is managed and how property rights are protected, according to a new special report by the Audit Office of Cyprus examining the Department of Lands and Surveys....
https://knews.kathimerini.com.cy/en/news/cyprus-plans-to-deliver-244-affordable-new-homes-by-year-s-end
The Cyprus Land Development Organization (KOAG) expects to deliver 244 new homes across the island by the end of 2026, the agency’s general director, Eleni Symeonidou, told lawmakers Monday during a parliamentary review of the organization’s budget....
https://knews.kathimerini.com.cy/en/news/new-generators-for-dhekelia-now-expected-in-2030
Plans to upgrade the Dhekelia power station have been pushed back again, with the Electricity Authority of Cyprus (EAC) now saying the three new generation units intended for the site are unlikely to arrive before 2030....
https://knews.kathimerini.com.cy/en/comment/opinion/the-president-s-band-aid-solutions
The President, in the so-called State of the Union, was less pompous than in previous years and attempted to highlight the three areas society records as positives for the government and for himself. Once again, he lined up secondary measures, band-aids, to treat deep-rooted pathologies that require radical therapies....
https://knews.kathimerini.com.cy/en/news/ai-factory-schengen-push-and-gas-deal-with-israel-christodoulides-unveils-55-point-plan-in-state-of-the-union-address
President Nikos Christodoulides on Thursday evening presented the government’s Official Planning for 2026, described as the “State of the Union 2026”, from the Presidential Palace, outlining more than 55 initiatives across all sectors....
https://knews.kathimerini.com.cy/en/business/two-year-it-project-at-housing-finance-corporation-drags-on-for-eight-years
A long-delayed technology project at the Housing Finance Corporation (HFC) has resulted in significant additional costs and prolonged dependence on external systems, according to findings presented by the Audit Office to Parliament’s Audit Committee....
https://knews.kathimerini.com.cy/en/news/larnaca-is-about-to-look-very-different
Larnaca is gearing up for a busy and expensive year ahead....
https://knews.kathimerini.com.cy/en/business/square-one-launches-500-new-homes-in-2026
Square One is entering a defining chapter in its growth....
https://knews.kathimerini.com.cy/en/news/amid-video-scandal-christodoulides-launches-affordable-housing-project
Amidst the ongoing fallout from the viral video scandal, President Nicos Christodoulides visited Limassol this morning to attend the foundation stone ceremony for the first affordable housing complex in Agios Nikolaos,...
https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-2026-what-changed-and-what-stayed-the-same
On 22 December 2025, the House of Representatives approved a wide-ranging tax reform package, with most measures taking effect from 1 January 2026. It is not an incremental adjustment....
https://knews.kathimerini.com.cy/en/news/who-pays-when-public-sector-wages-keep-rising
Public sector wages remain the uncomfortable truth behind Cyprus’ 2026 state budget, which is heading for a final vote in the House of Representatives on Wednesday and is widely expected to be approved....
https://knews.kathimerini.com.cy/en/news/500-affordable-homes-to-be-built-for-young-families-across-major-cities
Cyprus is set to get hundreds of new affordable homes, with the government announcing plans to build around 500 residential units across Nicosia, Limassol, Larnaca and Paphos. ...
https://knews.kathimerini.com.cy/en/news/turkish-cypriot-property-contracts-issued-to-deceased-owners
Cyprus lawmakers heard Tuesday that contracts for Turkish Cypriot properties have been issued to people long deceased, some of whom would be 150 years old today....
https://knews.kathimerini.com.cy/en/news/cyprus-praised-for-minority-protections-but-urged-to-resolve-key-gaps-says-council-of-europe
The Council of Europe has issued its latest assessment of Cyprus’s treatment of national minorities, noting both steady progress and areas where renewed action is needed. ...
https://knews.kathimerini.com.cy/en/news/elderly-refugee-residents-lifted-by-forklifts-to-enter-and-exit-their-flats
Elderly residents in Cyprus’ refugee apartment blocks, many with serious health issues, are being hoisted up and down their buildings by Fire Department forklifts because the complexes have no elevators. ...
https://knews.kathimerini.com.cy/en/news/paphos-revives-city-center-with-affordable-student-hostels
Abandoned buildings in Paphos’ city center are getting a new lease on life, as the municipality transforms them into affordable student housing. ...
https://knews.kathimerini.com.cy/en/business/construction-permits-drop-14-in-early-2025-despite-rising-project-value
Building activity slowed notably in the first seven months of 2025, with data from the Statistical Service showing a 14% drop in construction permits compared with the same period in 2024...
https://knews.kathimerini.com.cy/en/business/investment-momentum-in-oroklini
In recent years, Larnaca has shown remarkable momentum in urban development and real estate activity. The city, once known for its slower pace compared to other regions of Cyprus, is now attracting growing interest from investors and construction companies alike....
https://knews.kathimerini.com.cy/en/business/cyprus-considers-raising-family-income-limit-in-major-tax-reform
Finance Minister Makis Keravnos said Friday he is open to raising the family income ceiling for tax deductions to €90,000 from the proposed €80,000, noting that ''the cost is not prohibitive.''...
https://knews.kathimerini.com.cy/en/news/president-unveils-major-tax-overhaul-aimed-at-fairness-growth-and-green-transition
Cyprus is rolling out the biggest tax shake-up in more than two decades, promising a fairer system that supports families, strengthens local businesses, and keeps the economy competitive....
https://knews.kathimerini.com.cy/en/news/cyprus-aids-gaza-with-winter-shelter-and-food-supplies-photos-and-video
Humanitarian organizations coordinated through a maritime corridor from Cyprus have delivered critical shelter and food supplies to families in Gaza, officials said Friday, as winter approaches and living conditions for displaced residents deteriorate....
https://knews.kathimerini.com.cy/en/news/livadia-residents-refuse-sewage-fees-over-unequal-charges
Residents of the Livadia self-housing development are refusing to pay a bill for a new sewage system, arguing the charges are unfair and pointing to differences in how similar projects have been handled elsewhere....
https://knews.kathimerini.com.cy/en/news/hollywood-icon-robert-redford-dies-at-89
Robert Redford, the blue-eyed leading man who lit up screens in classics like Butch Cassidy and the Sundance Kid and All the President’s Men before reshaping American cinema through his Sundance Institute and film festival, died Tuesday at his home near Provo, Utah. He was 89....
https://knews.kathimerini.com.cy/en/business/cyprus-brain-gain-hundreds-of-expats-eye-a-return-home
Cyprus’ new push to bring home skilled professionals living abroad is already showing strong results. Within just two weeks of launching, the Minds in Cyprus platform drew more than 300 registrations from Cypriots working in 23 different countries....
