https://knews.kathimerini.com.cy/en/comment/opinion/should-bad-tenants-have-a-credit-score
Over the many years I have worked in the real estate sector, I have seen the Cypriot property market go through all kinds of ups and downs. I have experienced economic cycles, managed complex investments, and worked with a huge range of professionals and organizations. ...
https://knews.kathimerini.com.cy/en/news/hot-coals-tossed-in-garbage-may-have-sparked-early-morning-forest-fire
Most people would think twice before throwing hot barbecue coals into the garbage during a Cyprus heatwave. Unfortunately, someone near Prastio Kellaki apparently did not, and two hectares of pine forest paid the price....
https://knews.kathimerini.com.cy/en/news/new-bidding-system-reshapes-turkish-cypriot-property-management
A new chapter in the management of Turkish Cypriot properties has begun with the implementation of the reform introducing competitive bidding procedures, which has been in progress since last February. In her interview with "K", the Director of the Service, Anthi Lakkotrypi, described it as a major reform....
https://knews.kathimerini.com.cy/en/news/cyprus-steps-up-efforts-to-crack-down-on-illegal-airbnb-rentals
The Deputy Ministry of Tourism is introducing a stricter operating framework while also preparing to implement the new European regulation. The goal is to create a complete registry of accommodations and improve oversight of the market....
https://knews.kathimerini.com.cy/en/news/cyprus-dispatches-firefighting-aircraft-to-assist-battle-against-southern-europe-wildfires
The Republic of Cyprus has deployed two aerial firefighting aircraft to France to help suppress massive wildfires currently burning through the southern region of the country....
https://knews.kathimerini.com.cy/en/news/cyprus-ports-authority-unveils-415-million-euro-roadmap-for-larnaca-waterfront
The Cyprus Ports Authority has unveiled a €415 million roadmap to revamp the Larnaca port and marina, setting a course that stretches to 2045....
https://knews.kathimerini.com.cy/en/business/€1-26-million-bid-for-limassol-s-iconic-thalassaki-snack-bar
If you've ever grabbed a coffee, ice cream, or quick bite at Thalassaki while strolling along Limassol's seafront, the latest figures linked to the popular snack bar may come as a surprise....
https://knews.kathimerini.com.cy/en/news/thousands-of-acres-of-forest-land-set-aside-for-university-in-occupied-trikomo
The ''parliament'' in the Turkish-occupied north has approved a controversial amendment allowing the ''transfer and lease'' of around 3,500 dönums of forest land to Istanbul Technical University (ITU), with plans to build a new university campus in Trikomo....
https://knews.kathimerini.com.cy/en/news/finance-ministry-reopens-‘mortgage-to-rent-scheme-for-vulnerable-homeowners
A new window is reopening for Cyprus’ “Mortgage to Rent” scheme, with the Finance Ministry announcing that applications will once again be accepted for vulnerable borrowers struggling with non-performing loans tied to their primary homes....
https://knews.kathimerini.com.cy/en/news/eu-firefighting-hub-in-cyprus-set-to-launch-ahead-of-2026-wildfire-season
The European Union is moving ahead with a new regional firefighting initiative in Cyprus, with officials confirming that a base in Paphos will be ready in time for the 2026 summer wildfire period....
https://knews.kathimerini.com.cy/en/news/cyprus-legal-service-exposed-over-€26-million-in-uncollected-court-debts
A newly released audit of Cyprus’s Legal Service for 2023–2024 describes serious inefficiencies in how court-awarded fines and costs are handled, with tens of millions of euros remaining unpaid and systemic weaknesses affecting oversight and enforcement....
https://knews.kathimerini.com.cy/en/news/us-to-pay-nearly-$1-billion-to-kill-wind-project-just-as-oil-prices-skyrocket
In an almost too ironic twist, the Trump administration announced it will pay French energy giant TotalEnergies nearly $1 billion to scrap plans for offshore wind farms on the US East Coast, just as global oil and gas prices spike due to the conflict in Iran....
https://knews.kathimerini.com.cy/en/news/cyprus-bolsters-firefighting-fleet-with-black-hawk-helicopter-deal
The Ministry of Defence has finalized a leasing deal for four Black Hawk helicopters to strengthen Cyprus’ firefighting capacity ahead of the 2026 wildfire season....
https://knews.kathimerini.com.cy/en/news/cyprus-pays-hundreds-of-thousands-monthly-as-fsru-prometheus-sits-idle-in-malaysia
Cyprus is continuing to incur substantial monthly costs while the floating natural gas storage and regasification unit (FSRU) Prometheus remains idle in Malaysia....
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/paphos-turkish-cypriot-properties-under-investigation-after-mismanagement-allegations
Following complaints involving the Municipality of Paphos and its suspended mayor over the handling of Turkish Cypriot properties, Cyprus’s Ministry of Interior has launched a review of leasing practices managed by the Turkish Cypriot Properties Management Service....
https://knews.kathimerini.com.cy/en/news/protected-forests-questionable-leases-and-lost-millions
A string of inconsistencies in how state-owned forest land is leased and managed has been uncovered by the Auditor General of the Republic of Cyprus, raising fresh questions about oversight, environmental protection, and lost public revenue....
https://knews.kathimerini.com.cy/en/news/after-19-years-of-delays-the-paphos-marina-is-back-on-the-table
The government is once again trying to breathe new life into one of Paphos’ most talked-about development projects: the long-awaited Paphos marina. ...
https://knews.kathimerini.com.cy/en/news/a-dinner-that-makes-a-difference-this-holiday-season
If you’re looking for a night out that does more than fill your calendar, one that actually helps change children’s lives, mark December 12 on your diary. The Shriners Hospitals for Children are hosting a charity dinner in Nicosia, blending good food, good company, and a whole lot of heart....
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/news/mavrokolympos-back-in-service-what-we-re-waiting-for-now-is-rain
The Mavrokolympos dam in Paphos, whose sudden damage earlier this year triggered water shortages and forced Cyprus to import mobile desalination units, has finally been repaired, authorities announced....
https://knews.kathimerini.com.cy/en/business/pentakomo-tech-park-attracts-global-investors
The long-discussed Pentakomo Technology Park project is finally showing signs of serious progress, with both Cypriot and foreign investors expressing concrete interest, officials say....
https://knews.kathimerini.com.cy/en/news/pentemili-beach-landing-site-of-turkish-forces-in-1974-to-become-military-museum
Pente Mili Beach, where the Turkish invasion of Cyprus began in 1974, will be transformed into a military museum managed by the Evkaf Administration, authorities said. ...
https://knews.kathimerini.com.cy/en/comment/opinion/were-our-firefighting-helicopters-for-display-purposes-only
Two days before the devastating wildfires, the Auditor General sent a letter asking why helicopters, hired through a no-bid process, were sitting idle in Paphos instead of helping fight fires....
https://knews.kathimerini.com.cy/en/news/government-unveils-comprehensive-aid-package-for-limassol-fire-victims-cash-payments-rent-subsidies-and-full-damage-restoratio
Regarding the support and payment of financial aid to citizens affected by the fires in communities of the Limassol District, and following the announcement of the President of the Republic last Sunday, the Council of Ministers decided today on the following measures....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-is-being-bought-and-the-state-doesn-t-seem-to-know-or-care
About a year ago, I met with the top state official responsible for land and property issues in Cyprus. I won’t name names. My intention isn’t to target anyone personally, but I will say this: I spoke to the person who should know the most about the growing number of real estate acquisitions by non-EU nationals....
https://knews.kathimerini.com.cy/en/news/parliamentary-committee-to-publish-t-c-property-lists-every-three-months
In a move aimed at boosting fairness and transparency, Cyprus’s Parliamentary Committee on Refugees announced Tuesday that updated lists of available Turkish Cypriot properties will be published every three months online....
https://knews.kathimerini.com.cy/en/business/aegean-airlines-first-quarter-2025-trading-update
AEGEAN announces its key financial and operating results for the first quarter of 2025....
https://knews.kathimerini.com.cy/en/business/end-of-an-era-era-department-stores-changing-hands-for-just-€1-but-there-s-more-to-the-story
In a surprising but strategic move, Ermes Department Stores Plc announced that it is selling off all four ERA department stores to Gencom Ltd., and the official sale price is just €1....
https://knews.kathimerini.com.cy/en/news/jumbo-eyes-larnaca-and-protaras-for-future-expansion-but-no-timeline-yet
Retail giant Jumbo has confirmed its interest in opening two new stores in Cyprus, one in Larnaca and another in Protaras, but clarified that there’s no set plan or timeframe at this stage. ...
