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61. Real estate prices surge by 7.7%

The prices in the Cyprus real estate market have been going up in recent years....

62. Venice to charge €5 entry fee to tackle over-tourism

Venice will become the first city in the world to charge day-trippers an entry fee in a determined bid to curb mass tourism, its tourism chief announced yesterday....

63. Compensation plans unveiled for Akamas communities

Starting tomorrow, September 1, 2023, the stipulations outlined in the Akamas Local Plan will be enacted. Yesterday, Mr. Konstantinos Ioannou, the Minister of Interior, and Mr. Petros Xenophontos, the Minister of Agriculture, Rural Development and Environment,...

64. ''Apollo 13'' the flick that fueled Netflix's creation

In 1997, Reed Hastings experienced something familiar to '90s folks. He rented a video tape but forgot to return it, resulting in a $40 charge from the video club. ...

65. Tesla Model X resurrects in Ukraine after totaling in the U.S.

A Tesla Model X totaled in the U.S. late last year suddenly came back online and started sending notifications to the phone of its former owner, CNBC Executive Editor Jay Yarow, months later....

66. 2022 marks best real estate year in 14 years

DANOS, a prominent real estate consulting agency, hails 2022 as a remarkable year for Cyprus real estate, breaking through the economic challenges and awakening from the post-COVID stagnation. ...

67. Londoners at risk as average rents could surge to £2,700/month next year

Average rental costs in London may soar to £2,700 per month next year, new figures from City Hall suggest....

68. Tourism sets record revenue with fewer arrivals

The latest data on tourism revenues for the month of May has brought encouraging news for the tourism sector, signaling positive effects on the Cypriot economy....

69. Fake rental contract lands woman in custody

The Police in Limassol are investigating a case of fraud and embezzlement involving false representations and money transfers. They have arrested a suspect in connection with the case....

70. Europe dominates 7/10 searched summer getaways

The European destinations continue to have the highest travel interest this summer, while Asia Pacific has experienced a surge in popularity, a recent research by Skift has revealed, showing the ten most searched destinations for travel in the summer of 2023 is led by Bangkok, Thailand....

71. Uber driver saves over $1,000 monthly with Tesla

Wesley Johnson, 64, uses the income he earns as a San Francisco Uber driver to offer some financial support to his four children and seven grandchildren. ...

72. Greece tops billionaires' Mediterranean getaways

Greece is this year's number one destination for billionaires in the Mediterranean, surpassing Italy, which traditionally was their top choice. However, according to the travel planners for the 1%, billionaires no longer want to go to Mykonos....

73. Applications open for 'Rent in Exchange' program

"The submission of applications for the 'Rent in Exchange for Installment' program will begin in October," said Ioanna Markidou, Chief Economist A' at the Ministry of Finance, in a statement to CNA....

74. Vehicle registrations soar by 24.4% in first half of 2023

A significant increase of 24.4% was recorded in vehicle registrations in the first half of 2023, compared to the same period in 2022, while an increase of 22.4% was recorded in June 2023, compared to the same month last year....

75. Parliament approves foreclosure law

A significant mobilization by the Government and the Central Bank of Cyprus took place this week regarding the framework of foreclosures, primarily to withdraw the "problematic" proposal that, according to the state and banks, would have negative consequences for the Cypriot economy....

76. Uncovering hidden gems abroad

July is a month that many people eagerly await to enjoy their vacations....

77. Turkish or Turkish Cypriot? Court decision controversy

The Republic of Cyprus will pay a compensation of €345,000 to a Turkish Cypriot of American origin, while also returning his property in Limassol, which was being irregularly exploited....

78. Mossad kidnapping inside Iran tied to Cyprus

Bizarre revelations emerged on Thursday in an alleged thwarted attack on Israeli targets in Cyprus, after Mossad revealed that agents had gone inside Iran and kidnapped a man who later confessed on video his plans to kill an Israeli businessman on the island...

79. Unmasking tax evasion on Greek islands

New technologies, as well as citizens, are bringing cases of major tax evasion to the surface....

80. Party rape suspect acquitted after prosecutor blunder

A young man was acquitted of rape charges last week after a Limassol court raised doubt over lack of consent by the female accuser, who woke up dizzy and naked on the bed of a rental property after a fraternity party...

81. Nicosia attracts millions in investment opportunities

A new investment exceeding 60 million euros is currently in the study phase, focusing on the development of a strategically positioned plot in Nicosia. ...

82. US hails Cyprus for its efforts in combating human trafficking

The Government of the Republic of Cyprus has been recognized for its serious and sustained efforts in combating human trafficking, according to the annual report released by the U.S. State Department. ...

83. Greek islands grapple with doctor shortages as tourism takes priority

Many Greek islands face severe shortages of doctors and nurses and attempts to solve the issue fall afoul of local economies and, in certain cases, government bureaucracy....

84. June Newsletter - Deadline for settlement of taxes through self-assessment

85. Local home buyers feel priced out in divided Cyprus

Cypriots on both sides of the divided island have been noticing real estate prices going up in recent years due to foreign buyers willing shell out more, with reports suggesting the trend is going nowhere but up...

86. Real estate: A closer look at prices and rental trends

With the chapter on imposing a reduced VAT rate of 5% on primary residences as a social policy measure finally moving towards resolution, an unresolved issue that has been lingering in the real estate market for years is being addressed....

87. 75.6% increase in motor vehicle registrations in March 2023

Total registrations of motor vehicles in March 2023 numbered 4,270, recording an increase of 75.6% compared to 2,431 in March 2022, according to the report entitled "Registration of Motor Vehicles" for the period January-March 2023, published by the Cyprus Statistical Service on Monday.Hi...

88. Cyprus short-term rental bookings rebound in 2022, but still below 2019 levels

Eurostat, the statistical service of the EU, reported that during the fourth quarter of 2022 (Q4 2022), short-term rental accommodations booked through platforms like Airbnb, Booking, Expedia Group, or TripAdvisor were in high demand, with guests spending around 97 million nights in such accommodations across the EU. ...

89. Legalities and time constraints delaying repairs of refugee apartments

Attempting to overcome legal and time constraints in the construction of refugee apartment buildings...

90. 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....