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61. From summer hotspot to all-year hub

Cyprus has big dreams, and according to Christos Angelides, General Manager of the Pancyprian Hotel Association (PASYXE), it’s going to take grit, vision, and a lot of teamwork to turn the island into a top-tier, all-year-round destination. But the potential? It’s definitely there....

62. Rents keep climbing, but house prices aren’t going anywhere

If you’re renting in Cyprus, you’re not imagining it; it really is getting more expensive year after year. New figures from Eurostat confirm that rents on the island jumped by 4.6% in 2024 compared to the previous year, continuing a steady upward trend that’s been going on since 2017....

63. Grants up to €35,000 for renovating empty homes – with a catch.

The Ministry of Interior has officially launched the ''Renovate-Rent'' Scheme, opening the door for property owners to receive grants of up to €35,000 to fix up vacant homes — as long as they rent them out affordably....

64. Monday forecast: Clouds, dust, and the relentless pursuit of coffee

Good morning to everyone who heroically got out of bed today despite the gravitational pull of the weekend. If you're already on your fifth cup of coffee and still contemplating a nap, you're not alone, and you're definitely not imagining that sluggish vibe in the air. It's not just you. It's also the weather....

65. 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. ...

66. Nearly 1 in 5 households in Cyprus unable to keep homes warm

A recent European report has shed light on a concerning issue in Cyprus: nearly one in five households is struggling to keep their homes warm....

67. EOA Nicosia: Yes to the 22-story project in Pallouriotissa

The Nicosia EOA has sought a legal opinion to secure the permit for the development of Lebanese investor Wahid Chammas and the company Nerofarm Properties....

68. No personal responsibility found for flooding in pharmaceutical warehouses

Health Minister Michalis Damianou confirmed that a tender is currently underway for the rental or construction of new pharmaceutical warehouses....

69. Cyprus Government unveils plans to tackle housing crisis

Cypriots struggling with the growing housing crisis can breathe a little easier, thanks to new government measures aimed at making homes more affordable and accessible....

70. Whispers of power, lent-friendly meals, and a mission impossible

These are whispers—'Whispers of the Heart', as Michalis Hatzigiannis once sang—so take them with a grain of salt. A meeting reportedly took place between Young Nikos and Elder Nikos....

71. Lebanese investor threatens legal action over blocked €115M Nicosia development

A Lebanese investor is threatening legal action after the Department of Antiquities blocked a €115 million development near the historic Nicosia walls, despite other authorities initially supporting the project...

72. Man found dead, with hands and feet bound, and a bag over his head

A man was found dead in the Omonia area of Athens, inside the apartment where he was temporarily staying....

73. Lack of 'Certificate of Occupancy' puts homeowners at risk in 'Rent to Mortgage' plan

A surprising revelation in the ongoing discussion about the Rent to Mortgage Scheme has raised concerns for homeowners across Cyprus: around 60% of the properties involved in the scheme do not have an official certificate of occupancy, meaning that a building complies with all necessary regulations and is safe for use or habitation....

74. A bleak reflection of our society’s decay

Two men were recently found dead in a workplace, a makeshift apartment where they slept on an inflatable bed. In an effort to ward off the bitter cold, they lit a fukou and left it to burn, and tragically, the noxious fumes led to their deaths....

75. Barbershop battle brews in Nicosia’s old town as Cypriot barbers face extinction

In Nicosia’s Old Town, a quiet battle is playing out—one haircut at a time. On one side are the last five Cypriot barbers still operating in the walled city, clinging to tradition and fearing extinction. ...

76. Cyprus tax reform: A win for families, a challenge for businesses

Cyprus is set to undergo its first major tax reform in over 20 years, with changes expected to align the system with the country’s evolving economic landscape....

77. One in three short-term rental accommodations is illegal

78. Struggling families at risk of losing homes on government-granted land

Low-income households that received state-owned land to build their first homes now face the real threat of losing their properties to lenders, according to a damning report by the Audit Office of the Republic of Cyprus....

79. Implement a national strategy for people with autism, says Demetriou

Annita Demetriou, emphasized the need for a strengthened national strategy supporting individuals with autism....

80. Cyprus moves to ease car recall chaos with rental cars and free bus passes

The government is stepping in to help drivers impacted by the Takata airbag recall by arranging discounted rental cars and free public transport passes for those whose vehicles have been immobilized....

81. Priced out: Londoners live in empty schools and offices as rents soar

According to CNN, as London’s rental crisis deepens, a growing number of residents are opting to live in disused schools, office buildings, and even an old cathedral to escape skyrocketing housing costs....

82. Investment and owner occupancy opportunities by AstroBank

AstroBank has listed for sale a large commercial/residential property in Peyia, as well as other investment opportunities and properties for sale in Nicosia, Paphos, Larnaca and Famagusta....

83. 100% tax on foreign buyers in Spain

Spain’s Prime Minister Pedro Sanchez has proposed bold measures to address the country’s housing crisis, including a 100% tax on homes purchased by non-EU foreigners....

84. New lending boosted by interest rates and government plans

A favorable landscape for Cypriot borrowers is taking shape in 2025, laying the groundwork for a strong year in new lending....

85. Building safety concerns prompt EAC building evacuation

The Electricity Authority of Cyprus (EAC) has evacuated its oldest building in central Nicosia as a precautionary measure after inspections flagged seismic safety deficiencies....

86. ECHR tells Cyprus, ''Pay up for buffer zone property used by UN''

In a landmark ruling, the European Court of Human Rights (ECHR) has ordered Cyprus to compensate a British national for the use of her house in the buffer zone by UN peacekeeping forces without paying rent....

87. Greece cracks down on Airbnb rentals

In a bold step to address its worsening housing crisis, Greece has introduced sweeping legislation to clamp down on short-term rentals listed on platforms like Airbnb. ...

88. Residential and commercial properties for sale by AstroBank

AstroBank has listed for sale residential and commercial properties in various areas of Cyprus that can be used as an investment or owner-occupancy....

89. Explosion at Trump Las Vegas hotel linked to New Orleans attack?

While the U.S. was celebrating the start of 2025, tragedy struck in Las Vegas when a Tesla Cybertruck exploded outside the Trump Las Vegas hotel. ...

90. U.S. Army veteran carries out deadly New Year’s attack in New Orleans

What started as a night of joy and celebration in New Orleans turned into a scene of heartbreak and devastation in the early hours of January 1....