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1. Nicosia gears up for the ultimate summer street fest on June 3

Mark your calendars and bring your appetite, Epic Street Fest Summer Edition is taking over the newly transformed old GSP park in central Nicosia on Monday, June 3, from 7:00 p.m. to midnight, ...

2. King’s Gardens: A Prime Investment in the Heart of Nicosia

3. Apartments take the lead in Cyprus property market boom

Apartments were the standout performers in Cyprus' real estate market in 2024, taking the lead in both sales volume and overall value, according to a detailed analysis by Landbank Analytics....

4. Bomb plot suspect nabbed, he was staying in an Airbnb

Greek police have arrested a 36-year-old man linked to Saturday’s deadly bomb blast outside a bank in Thessaloniki — and it turns out, he was staying in an Airbnb....

5. Emirates and AEGEAN enhance partnership to offer reciprocal loyalty benefits

Emirates Skywards members can now earn and redeem Miles on all flights operated by AEGEAN; and similarly, Miles+Bonus members can earn and redeem miles on all flights operated by Emirates....

6. Is development finance the key to fixing London’s housing crisis?

London’s housing crisis is certainly nothing new, but its consequences are becoming increasingly harder to ignore....

7. Europe to tourists: Enough is enough!

If you’re planning a European getaway in 2025, expect more rules, higher fees, and fewer places to party. From Venice to Santorini, some of Europe’s most iconic destinations are saying “enough is enough” when it comes to mass tourism....

8. Tourism win, housing headache as Airbnbs boom in Cyprus

With over 12,000 short-term rentals currently in operation (and counting), Cyprus has become a hotspot for travelers seeking more flexible and often cheaper accommodation than traditional hotels. ...

9. Trump’s tariff war backfires as tourists ditch U.S., head to Europe

The global tariff war initiated by the Trump administration will have a negative impact on the US economy in 2025, as European and Canadian tourists change their plans....

10. 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....

11. 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....

12. 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. ...

13. 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....

14. 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....

15. 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....

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

17. 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....

18. 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....

19. 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....

20. 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. ...

21. Cyprus & Greece Market Overview: 2023-2024 and Projections for 2025 and Beyond

The market underwent significant changes from mid-2023 onwards due to several global and regional factors....

22. EPIC, SPP Media, and Deejay Radio Unite for a Great Cause

Once again, Nicosia will be transformed into a Christmas wonderland as the city's biggest holiday street festival returns. This year’s EPIC STREET FEST promises to bring together people of all ages for a celebration filled with music, food, drinks, and plenty of festive fun....

23. 50,000 vehicles in Cyprus face recall over defective Takata airbags

Cyprus could see up to 50,000 cars recalled due to the dangerous Takata airbags, a defective part responsible for deaths and injuries around the world, including in Cyprus. ...

24. Affordability, Urbanization, and Sustainability: How Real Estate in Cyprus, Greece, and Romania Will Evolve by 2029

The next five years will redefine the real estate markets of Cyprus, Greece, and Romania....

25. Minimum income recipients allegedly renting T/C properties for pennies

A shocking new controversy has emerged involving recipients of the minimum guaranteed income who are allegedly renting valuable Turkish Cypriot properties for an incredibly low price. ...

26. Primary residence and the benefit of 5% reduced VAT rate

Nowadays having your own permanent residence is a must, however the cost for the acquisition or construction of a house/apartment has significantly increased in the last few years....

27. Florence cracks down on over tourism in historic city center

As millions of tourists flood Italy’s historic cities, Florence is stepping up efforts to manage the pressures of overtourism. With concerns mounting that the high visitor volume threatens the city’s cultural heritage and livability, ...

28. RICS Cyprus Property Price Index with KPMG in Cyprus announces results of 2024 Q3

On behalf of KPMG in Cyprus, Christophoros Anayiotos, Board Member and Head of the Real Estate Industry Group, stated:...

29. Cypriot residents' travel spending hits €2.23 billion in 2023

Total travel spending by Cypriot residents, both within Cyprus and abroad, reached €2.23 billion in 2023, marking an 8.4% increase from 2022....

30. Traffic offenders targeted with new photo radar, e-toll systems

Cyprus is gearing up to roll out two new systems to better enforce traffic violations captured by radar cameras and to ensure fines reach offenders who have avoided detection or failed to pay up. ...