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12° Nicosia,
15 June, 2026
 

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Displaying results 1-30 of 95 matches for query housing risk.

1. Nearly 900 buildings in Larnaca flagged as dangerous, officials say

https://knews.kathimerini.com.cy/en/news/nearly-900-buildings-in-larnaca-flagged-as-dangerous-officials-say

Nearly 900 buildings in Larnaca have now been classified as dangerous, according to local authorities, raising fresh concerns about building safety and what it could mean for residents living in older apartment blocks across the district....

2. RICS Cyprus Property Price Index with KPMG in Cyprus announces results of 2026 Q1

https://knews.kathimerini.com.cy/en/business/rics-cyprus-property-price-index-with-kpmg-in-cyprus-announces-results-of-2026-q1

KPMG in Cyprus announces that the “RICS Cyprus Property Price Index with KPMG in Cyprus” has been issued for the first quarter of 2026....

3. Eurobank Cyprus earnings take a hit despite €103 million quarterly profit

https://knews.kathimerini.com.cy/en/business/eurobank-cyprus-earnings-take-a-hit-despite-€103-million-quarterly-profit

Eurobank reported a profit of €103 million in Cyprus during the first three months of 2026, even as earnings on the island fell compared to last year amid lower European interest rates and growing international uncertainty....

4. Plans to revive abandoned Trozena village move ahead amid debate over foreign investment

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....

5. In Cyprus, ''on budget'' is the exception, not the rule

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....

6. A simple fix for a dangerous housing reality

https://knews.kathimerini.com.cy/en/comment/opinion/a-simple-fix-for-a-dangerous-housing-reality

On Holy Saturday, an aging apartment building collapsed, costing two people their lives. Tragic. The Minister of the Interior met with the President and a delegation from the Cyprus Scientific and Technical Chamber to discuss dangerous buildings and possible steps to manage these risks more effectively. ...

7. Hundreds of unsafe buildings identified in Nicosia, four face imminent evacuation

https://knews.kathimerini.com.cy/en/news/hundreds-of-unsafe-buildings-identified-in-nicosia-four-face-imminent-evacuation

Authorities in Nicosia have classified 268 buildings as hazardous, with four cases considered urgent enough to require evacuation in the immediate future, according to the District Local Government Organisation (EOA)....

8. Limassol building collapse exposes longstanding building safety risks

https://knews.kathimerini.com.cy/en/news/limassol-building-collapse-exposes-longstanding-building-safety-risks

A recent building collapse in Limassol that killed two people and injured three others has brought renewed attention to the dangers posed by aging and poorly maintained buildings....

9. Government prepares energy relief measures as crisis reaches households

https://knews.kathimerini.com.cy/en/business/government-prepares-energy-relief-measures-as-crisis-reaches-households

The energy crisis triggered by the war in the Middle East has now reached the doorstep of every Cypriot household. Like other European governments, Cyprus is one step away from rolling out measures aimed at tackling soaring energy costs and the wider cost-of-living squeeze....

10. Government considers reopening housing relief scheme

https://knews.kathimerini.com.cy/en/news/government-considers-reopening-housing-relief-scheme

The government is considering reopening the “Rent in Exchange for Installment” housing scheme for a limited period of a few months, as pressure grows to address ongoing foreclosure issues affecting borrowers....

11. UK and EU signal united defence after Iranian drone hit at British base

https://knews.kathimerini.com.cy/en/news/uk-and-eu-signal-united-defence-after-iranian-drone-hit-at-british-base

The UK Ministry of Defence (MoD) reported what it described as a “suspected drone strike” at around midnight local time (22:00 GMT). Authorities said there were no injuries and only limited damage to facilities. As a precaution, family members based at the installation are being temporarily relocated....

12. Cyprus’ shadow network for recruiting foreign workers

https://knews.kathimerini.com.cy/en/business/cyprus-shadow-network-for-recruiting-foreign-workers

An extensive, largely unseen system for recruiting foreign workers appears to have been operating for years behind the official structures of Cyprus’ labor market....

13. 16 years for one case: Audit exposes shocking delays at Land Department

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....

14. New generators for Dhekelia now expected in 2030

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....

15. Nine dead in Tripoli building collapse

https://knews.kathimerini.com.cy/en/news/nine-dead-in-tripoli-building-collapse

At least nine people were killed and several others injured when two adjoining apartment buildings collapsed in the northern Lebanese city of Tripoli, triggering frantic rescue efforts and fresh anger over unsafe housing in the impoverished city....

16. Cyprus Tax Reform 2026: What Changed and What Stayed the Same

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....

17. Cyprus defies Europe’s housing crisis with spacious homes and low costs

https://knews.kathimerini.com.cy/en/business/cyprus-defies-europe-s-housing-crisis-with-spacious-homes-and-low-costs

Cyprus ranks at, or near, the extremes of several key housing indicators, often outperforming the EU average and even many comparable Mediterranean countries....

18. 128 dead, 200 missing: Hong Kong reels from deadliest fire in 80 years

https://knews.kathimerini.com.cy/en/news/128-dead-200-missing-hong-kong-reels-from-deadliest-fire-in-80-years

Hong Kong is reeling after a massive fire tore through a housing complex in the Tai Po district, killing at least 128 people and leaving dozens more injured. Authorities say around 200 residents are still unaccounted for....

19. Cyprus This Week: Banks, MOTs and tax talks stir debate

https://knews.kathimerini.com.cy/en/news/cyprus-this-week-banks-mots-and-tax-talks-stir-debate

Cyprus’ headlines this week reflect a mix of economic, labor, and public safety issues, from banks rewarding employees handsomely to questions about who is really keeping the country’s roads safe. ...

20. Foreign buyers account for over a quarter of Cyprus property sales

https://knews.kathimerini.com.cy/en/business/foreign-buyers-account-for-over-a-quarter-of-cyprus-property-sales

Foreign buyers from outside the European Union accounted for 27% of all property sales in Cyprus in 2024, the Audit Office said Wednesday during a parliamentary review of foreign real estate acquisitions....

21. Workers and digital nomads to benefit from EU’s new fair work rules

https://knews.kathimerini.com.cy/en/news/workers-and-digital-nomads-to-benefit-from-eu-s-new-fair-work-rules

Cyprus’s growing community of digital nomads, migrant workers, and seasonal staff could soon see a major shake-up in how their work and benefits are handled across Europe....

22. Cypriots losing ground in own housing market

https://knews.kathimerini.com.cy/en/news/cypriots-losing-ground-in-own-housing-market

A new audit has sounded the alarm over serious loopholes in Cyprus’ property laws, warning that foreigners are buying a much larger share of real estate than official figures show, with little oversight of where the money comes from....

23. Cyprus savers earn less, borrowers pay more as banks widen gap with Eurozone

https://knews.kathimerini.com.cy/en/news/cyprus-savers-earn-less-borrowers-pay-more-as-banks-widen-gap-with-eurozone

If you’re saving your money in a Cypriot bank, you’re probably earning less interest than the average European. But if you’re borrowing for a home or your small business, you’re likely paying more....

24. ''We Failed'': President apologizes over wildfire response, announces 12 relief measures

https://knews.kathimerini.com.cy/en/news/we-failed-president-apologizes-over-wildfire-response-announces-12-relief-measures

President Nikos Christodoulides has announced a 12-point relief package to support residents affected by the deadly wildfire that tore through mountainous villages in the Limassol district, claiming two lives and leaving a trail of destruction....

25. New private hospital and medical campus approved for Lakatamia

https://knews.kathimerini.com.cy/en/business/new-private-hospital-and-medical-campus-approved-for-lakatamia

A new private hospital is coming to Lakatamia, as the Environmental Authority has officially approved the construction of Hadassah Healthcare Park, a large-scale development that will also include a medical university, biotech offices, and student housing....

26. No tender, no permits, no problem

https://knews.kathimerini.com.cy/en/business/no-tender-no-permits-no-problem

A construction project meant to modernize part of Cyprus’ local government system is under fire after the Auditor General uncovered a series of irregularities, from bypassing public tenders to starting work without building permits or signed contracts....

27. Andreas Neocleous, Omiros Pissarides, Eirini Hadjisavva, and Marios Tannousis to Speak at Green Agenda Cyprus Summit

https://knews.kathimerini.com.cy/en/news/andreas-neocleous-omiros-pissarides-eirini-hadjisavva-and-marios-tannousis-to-speak-at-green-agenda-cyprus-summit

This year’s Sustainable Development Conference aims to support and enhance Cyprus’s national strategy for the Green Transition....

28. Tourism win, housing headache as Airbnbs boom in Cyprus

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. ...

29. Mortgage rates dip in Cyprus, but we're still paying more than the rest of Europe

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....

30. Cyprus bets on students to revitalize Old Nicosia, but at what cost?

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. ...

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