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211. 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. ...

212. California reeling over back-to-back mass shootings

Just two days after a gunman killed 11 people at a Los Angeles-area dance studio, seven more victims were shot dead in an agricultural area near San Francisco, as California suffered one of its bloodiest spates of mass gun violence in decades....

213. No more Fridays. 4-day work week on the rise

The results are in: It's time for your company to stop working on Fridays (or Mondays)....

214. Limassol: Meat worth more than 50,000 euros stolen

Limassol CID has arrested a 47-year-old man suspected of breaking into a meat warehouse and stealing goods worth more than 50,000 euros between 2022 and 2023 in Limassol....

215. 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....

216. The 2023 investment chessboard

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

217. Cyprus' Archbishop Georgios lays down the law

Cyprus’ newly elected Archbishop Georgios says he will adhere to the island’s church traditions but also promote religious inner-peace, adding all people of Cyprus are united against one enemy...

218. Airbnb must provide rental info to tax authorities, says EU

Short-term accommodation services company Airbnb must provide information in rental contracts to tax authorities and withhold tax under a national tax regime, the European Union’s top court ruled on Thursday....

219. One million Britons 'at risk of becoming homeless'

Lord John Bird, the founder of Britain's street newspaper The Big Issue, has stated that a million, if not more, people in the country are at risk of falling into poverty and becoming homeless because they are unable to pay their rent or mortgage....

220. 1,100 euro rental cap on thousands of homes in the Netherlands

The Dutch government will impose limits on rents for more than 300,000 homes in order to provide affordable housing in the face of a shortage in the country's housing problem....

221. Consulco launches its direct real estate investment services

Consulco, the London investment specialist has launched its direct real estate investment services assisting overseas investors to acquire and manage residential properties in central London. ...

222. Vehicle registrations up 7.2% annually in November

Vehicle registrations increased yearly by 7.2% in November 2022, according to a report published on Thursday by the Statistical Service. Total registrations of vehicles in November numbered 2,522, compared to 2,353 in November 2021. ...

223. The expansion of the digital economy and the upcoming exchange of information and tax transparency regimes

The exchange of information has been widely considered as a one of the most effective measures in tackling tax evasion and protecting the integrity of tax systems. ...

224. Cyprus gets taste of EU’s €85 million with a caveat

Cyprus will get Friday the first tranche of €85 million from the EU's Recovery and Resilience Mechanism, with European Commission technocrats also pointing to repeated suspensions of foreclosures in Cyprus that create problems in terms of achieving the goal of further reduction of NPLs...

225. Government owed €16.2m from ineligible first time home buyers

More than 270 people who benefited from the reduced rate of 5% VAT for first-time home buyers, have been found to be ineligible, following checks carried out throughout Cyprus by the Tax Department, and should be charged 19% VAT, totaling €16.2 million announced on Wednesday the Minister of Finance, Constantinos Petrides, after the Council of Ministers. He also announced on-site checks on other categories of taxpayers and types of taxes....

226. Spend the night in a giant flower pot, or even a nuclear missile bunker

Would you ditch the Courtyard Marriot in order to sleep inside a giant flower pot? What about a nuclear missile bunker, a giant triceratops skull, or a pig sleeping under a quilt of grass and flowers?...

227. Who benefits from the proposed rent-to-mortgage scheme?

The "Rent vs Instalment Scheme", now known as the "mortgage to rent" scheme, is nearing completion, with implementation set to begin in January 2023. ...

228. Another British man dies while crossing the road

A British man died in a road accident over the weekend after being struck by a car on a coastal road in Paphos, where another fatality and other car accidents involving pedestrians have been piling up this month...

229. Finance Minister calls for the repeal of foreclosure suspension

The Ministry of Finance proposes delaying the law on divestiture suspension. ...

230. The Commission is pushing for regulation of Airbnb-style lodgings

As part of its efforts to promote transparency in the short-term rental sector, the Commission adopted on Monday a proposal for the regulation to improve transparency and assist public authorities in ensuring the sector's balanced development in the context of sustainable tourism....

231. FT: Former PWC Cyprus accountants take on company's Russian clients

A group of PwC partners has launched a breakaway firm in Cyprus to take on work from Russia-linked clients that the Big Four accountants will no longer touch....

232. Elderly man dies after road accident in Peyia

An elderly man was killed in a road accident in Paphos district on Wednesday after a car struck him as he was trying to cross the main road in Peyia...

233. Prepare for an increase in grain prices

Agriculture Minister Costas Kadis told 'K' that there is no concern about grain sufficiency in the Cypriot market at this time, explaining that strategic stocks of grains received in the summer remain in importers' silos. ...

234. €6 million chalet just one of several investments planned for the mountains of Cyprus

The new €6.3 million project in Moniatis, which is looking for a buyer, shows that investment in mountainous areas is picking up steam. With DTA's Guru projects, the creation of the Tree Hotel, hotel acquisitions by Property Gallery, and the restoration of the Berengaria Hotel in Prodromos, interest has recently begun to be more active....

235. 'Resistance to change is the main issue in digital transformation'

The biggest problem faced in the effort for digital transformation is resistance to change, Cyprus’ Deputy Minister for Research, Innovation and Digital Policy, Kyriacos Kokkinos said on Monday in parliament where he presented his Deputy Ministry’s budget for 2023 and the work it has carried out during the past two years since its establishment....

236. Eleftherias Square is getting a bakery and a kiosk

237. Moniatis' Grand Chalet is looking for a millionaire buyer

In the Moniatis area, a multi-million dollar luxury property is being built and is looking for a buyer. The plot's total area is 2.5 thousand square meters, while the size of the house under construction is 824 square meters....

238. When a vacation is less expensive than staying at home

Can a vacation be less expensive than staying at home? That is exactly what EasyJet told British citizens, and the vacation package it offered for a trip to Egypt sold out in less than 24 hours....

239. Cyprus is bursting, like a fat guy out of his leotard

Cyprus’ changing demographics are causing havoc to the real estate market, accentuating socio-economic imbalances and creating polarised communities. A bit dramatic? Let’s see....

240. Police gun drawn outside football stadium stirs debate

A viral photo showing a police officer holding his firearm outside a football stadium in Cyprus has prompted the reaction of a law enforcement association that suggests proportional response to out-of-control football hooliganism could warrant the use of a lethal weapon...