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451. 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,...

452. 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....

453. 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....

454. 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....

455. '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....

456. 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....

457. 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....

458. 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....

459. 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. ...

460. 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....

461. 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. ...

462. 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....

463. 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....

464. 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...

465. 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....

466. Finance Minister responds to CBS: 'Disinformation and fake news' (video)

The report on the CBS show '60 Minutes' about Russian oligarchs was referred to by the Finance Minister in his detailed response on the issue. ...

467. Lisa Marie Presley, Elvis Presley's only daughter, dead at 54

Lisa Marie Presley, the only child of rock 'n' roll legend Elvis, has died at the age of 54, her mother has said....

468. Last king of Greece to be buried as a private citizen

Constantine, the former and last king of Greece, will be buried as a private citizen in Tatoi, the former summer residence of Greece’s royals and where his parents and ancestors are buried, the government said Wednesday....

469. Greece’s last king dies

Greece's former King Constantine II, whose nine-year reign coincided with one of the most turbulent periods in the country's political history, died on Tuesday aged 82, state website ERT news reported...

470. Nikos Christodoulides: Discussing changes to the Guterres framework

"I didn't hear anyone mention Mr. Kasoulides, the foreign minister, after the wreckage in Crans Montana. Nobody could blame him. He was not the most directly involved, nor was he the one who would take the final decisions..." ...

471. Looking ahead to 2023: House prices in Cyprus

The end of 2021 saw Europe’s and Cyprus’ economies gradually recovering from the two-year rollercoaster ride of lockdowns, the stock market at record highs, and inflation increasing....

472. Trendsetter company buys Cyprus’ most expensive property

The most expensive piece of real estate in Cyprus is off the market, following news that a global trading platform will buy the stunning beachfront property after a decade-long presence on the island...

473. The 2023 investment chessboard

Today's data is completely different from what it was a year ago in terms of investment....

474. The properties 'threatened' by the Pedieos River

There have been numerous occasions in recent years when the Pedieos River's overflow has resulted in serious issues. ...

475. Brave girl climbs out of well to save sister

Two pre-teen sisters spent over two hours deep inside a well in a Nicosia suburb on Wednesday, until the younger child climbed 40 meters straight up to call for help after calls had gone unanswered...

476. Officer injured in clash outside foreclosed property

The owner of a foreclosed property in Paphos was arrested on Thursday following an altercation outside an apartment complex, where a female police officer was injured...

477. Kaili's Paros plot frozen pending investigation

A Supreme Court prosecutor has ordered that a plot of land on the island of Paros bought by MEP Eva Kaili and her husband Francesco Giorgi be frozen pending a money-laundering investigation into the activities of the couple....

478. €651.4 million of government surplus recorded until September 2022

Cyprus' general government surplus rose to 651.4 million for the period of July-September 2022 compared with a surplus of €319.5 mn recorded in the respective period of last year, according to preliminary general government fiscal results....

479. Eva Kaili: From city council to city prison

480. Boris Becker released from UK jail, will be deported

Former Wimbledon champion Boris Becker has been released from jail today and will be deported from the UK, according to the PA news agency....