https://knews.kathimerini.com.cy/en/comment/opinion/structural-integrity-certificates-should-be-made-mandatory
The recent earthquakes in neighboring countries, as well as the aftershocks, felt in Cyprus, have brought to the forefront what we have been saying for years: the need to check the suitability of all our buildings on a regular basis....
https://knews.kathimerini.com.cy/en/business/mep-s-pass-bill-banning-home-sales-or-rentals-without-energy-upgrade
All properties available for sale or rent must incur compulsory energy upgrade costs, costing tens of thousands of euros, from 2030 onward, based on what is stated in the relevant European Union directive....
https://knews.kathimerini.com.cy/en/news/say-goodbye-to-an-iconic-symbol-of-sin-city
When you walk the Las Vegas Strip you see women wearing showgirl outfits taking pictures with tourists. They work alongside Spider-Men, Batmen, and shirtless police officers and firefighters....
https://knews.kathimerini.com.cy/en/news/lambradjia-youths-warn-town-to-back-off
A safety initiative to curb illegal lambradjia bonfires on Greek Easter has been met with a resistance in a local community in Limassol, where delinquent youths have been ransacking homes in search of flammable wood...
https://knews.kathimerini.com.cy/en/business/trade-deficit-increased-by-163-5-in-january-2023
A large increase was recorded in the trade deficit in January 2023 according to preliminary data published on Monday by the Statistical Service, since the increase in imports was more than three times the increase in exports....
https://knews.kathimerini.com.cy/en/comment/opinion/real-estate-trends-in-2023
Increased inflation, rising interest rates, rising building costs, rising property values, a slight decline in new development approvals, a slight decline to stabilization in the unemployment rate, a slight increase in GDP, and a slight decline in private lending are just a few indicators of the (very) general economic picture....
https://knews.kathimerini.com.cy/en/news/russians-top-list-of-property-buyers-in-the-first-months-of-2023
Russian nationals were by far the largest group of foreign real estate buyers in Cyprus during the first two months of 2023, according to data by the Department of Lands and Surveys,...
https://knews.kathimerini.com.cy/en/news/charred-body-in-nicosia-home-still-a-mystery
Police say they are still investigating a house fire in Nicosia that took place on Tuesday night, when fire fighters discovered a charred body inside an abandoned property while another man was at the door gasping for air...
https://knews.kathimerini.com.cy/en/news/man-ordered-to-pay-wife-200-000-euros-for-25-years-of-housework
A Spanish court ordered a man to pay his ex-wife 200,000 euros for 25 years of unpaid domestic labor, based on the minimum wage throughout their marriage, court documents showed Tuesday....
https://knews.kathimerini.com.cy/en/business/world-s-most-expensive-home-up-for-sale
London’s most expensive home is up for sale, according to Quartz. Set on four private acres in Regent Park, one of the city’s eight royal parks, the home’s reported asking price is about $300 million, or £250 million....
https://knews.kathimerini.com.cy/en/news/government-surplus-of-€609-5-million-for-2022
General Government preliminary fiscal results published by the Statistical Service of Cyprus on Tuesday indicate a surplus of €609.5 mn, equal to 2.3% of GDP, for the period of January-December 2022, compared to a deficit of €402.8 mn or 1.7% of GDP, that was recorded during the period of January-December 2021....
https://knews.kathimerini.com.cy/en/news/akamas-compensation-guidelines-poses-risks-says-finance-minister
"The guidelines for compensating landowners in Akamas for the loss of land value they have incurred and providing assistance to the neighborhood are speculative and ill-defined....
https://knews.kathimerini.com.cy/en/business/altia-dynamic-beginning-as-the-fastest-growing-real-estate-company-in-cyprus
Altia officially starts its operations in the Cypriot market as the fastest growing property company on the island, with a unique portfolio that includes a wide range of options in residential, commercial and agricultural properties....
https://knews.kathimerini.com.cy/en/comment/opinion/thinking-of-investing-in-real-estate-don-t-do-it
A lack of financial literacy can lead people to consider investing in direct real estate. This a provocative statement to say the least, so let me explain....
https://knews.kathimerini.com.cy/en/business/1-ayia-napa-marina-delivery-of-luxury-homes-begins-with-beach-villa-6
Ayia Napa Marina, the iconic award-winning mixed-use development, has officially begun delivery of its luxury villas, with Beach Villa 6 already handed over to its owner. ...
https://knews.kathimerini.com.cy/en/news/pwc- 5-2-billion-in-real-estate-transactions in-2022
Transaction volumes in the real estate and land development sector have surpassed those of 2019. According to the most recent PwC Cyprus publication, the total value of transactions in 2022 will reach €5.2 billion,...
https://knews.kathimerini.com.cy/en/news/sales-to-foreign-buyers-hit-16-year-high
During January 2023 foreign buyers deposited 594 contracts of sale at Land Registry offices across the island. Moreover, these accounted for 54% of all sales; the first time since 2007 that the number of foreign sales has exceeded domestic sales....
https://knews.kathimerini.com.cy/en/news/ft-report-details-secret-meetings-between-mitsotakis-british-museum-chair
The secret meetings between Greek Prime Minister Kyriakos Mitsotakis and British Museum chair George Osborne as they explore a deal to end the dispute over the Parthenon Marbles are documented in a report published in the Financial Times on Friday....
https://knews.kathimerini.com.cy/en/news/apartment-prices-continued-its-upward-momentum-in-q4-2022
Apartments continued to drive the rising real estate prices in the fourth quarter of 2022, data published by the Aks WiRE Index show....
https://knews.kathimerini.com.cy/en/news/mortgage-to-rent-plan-approved
The Cabinet has approved the Treasury's proposal to establish a "rent versus installment" scheme known as mortgage to rent....
https://knews.kathimerini.com.cy/en/news/turkey-syria-new-7-7-magnitude-earthquake-also-felt-in-cyprus
According to the Euro-Mediterranean Institute, a new earthquake with a magnitude of 7.7 was recently felt in Turkey. According to Syrian state media, it was also felt in Damascus....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-at-the-crossroads
South African citizens/voters had two choices in deciding their country's future in 1990. The first option was to maintain the status quo, which would have resulted in a major civil war that would have destroyed the country and resulted in many deaths....
https://knews.kathimerini.com.cy/en/news/biden-s-second-delaware-home-searched-by-fbi
The FBI searched President Joe Biden's Rehoboth Beach, Delaware, home Wednesday as part of its investigation into the potential mishandling of classified documents, the president's personal lawyer said....
https://knews.kathimerini.com.cy/en/news/a-large-number-of-foreclosure-notices-to-be-sent-tomorrow
Today, Tuesday, January 31, 2023, marks the end of the most recent three-month suspension of divestments imposed by a resolution of the House of Representatives. ...
https://knews.kathimerini.com.cy/en/business/cyprus-appeals-use-of-bbqloumi-and-grilloumi
The General Court of the European Union is expected to decide in April or May on two appeals submitted by the Foundation for the Protection of the Traditional Cheese named Halloumi against the use of word marks BBQLOUMI and GRILLOUMI by companies in Bulgaria and Sweden, according to a press release by the Luxembourg-based Court of the EU....
https://knews.kathimerini.com.cy/en/business/limassol-could-still-have-another-8-000-apartments
As the demand for real estate in city centers has increased in recent years, Ask Wire's research identifies many parcels of land in the central areas of Cypriot cities that are either underutilized or only partially utilized. ...
https://knews.kathimerini.com.cy/en/news/the-demand-for-new-homes-is-dwindling
The large investments and development projects mentioned by Minister of Transport and Works Yannis Karousos in his ministry's recent project presentation may have kept the construction and real estate sector afloat until 2022, but the industry still faces challenges....
https://knews.kathimerini.com.cy/en/news/more-people-choose-bankruptcy-to-get-a-second-chance
Bankruptcy applications, based on Law 4818/2021, are coming thick and fast from individuals with or without commercial activity, as they are unable to repay their debts to banks and insurance funds....
https://knews.kathimerini.com.cy/en/news/forced-sterilization-loophole-in-cyprus-raises-eyebrows
A woman in Cyprus has been made sterile without her consent, with reports saying people who live with intellectual disability and other disorders often “get fixed” through forced sterilization by power of attorney...
https://knews.kathimerini.com.cy/en/news/turkish-cypriots-outraged-over-mufti-s-call-for-women-to-procreate-on-demand
A Muslim religious leader’s instruction to women to dutifully accept a husband's “invitation to bed” to procreate has sparked outrage among many Turkish Cypriots, who saw the remarks as an imported encroachment of fundamentalist Islam on their secular community....
