https://knews.kathimerini.com.cy/en/comment/opinion/rentals-rise-as-home-ownership-trends-change
Around 20-25 years ago, Cyprus was renowned for having one of the highest rates of home ownership globally, with figures nearly reaching 78% - 80%, as per the data available then....
https://knews.kathimerini.com.cy/en/news/epic-street-fest-nicosia-returns-with-summer-vibes
Nicosia's biggest outdoor party is back in full swing this summer. The 7th Epic Street Fest Nicosia will take place on Tuesday, July 2, starting at 7 PM on Palia Ilektriki Street, near the new City Hall....
https://knews.kathimerini.com.cy/en/news/bbf-announces-the-full-sale-of-four-class-a-business-centers-in-cyprus-in-the-past-12-months
BBF, Limassol’s top luxury residential developer, successfully sold out four Class A office buildings within the last year. Spanning a total area of approximately 20,000 sq. m., the full sale of bbf: latitude, bbf: liberty, bbf: benchmark, and bbf: summit solidifies BBF’s position as a leading name in Cyprus's commercial real estate market as well....
https://knews.kathimerini.com.cy/en/news/limassol-blu-marine-zeus-tower-construction-update
The Leptos Group is proud to announce the ongoing construction of the highly anticipated Zeus Tower - Signature Collection, the second tower of the renowned Limassol Blu Marine development....
https://knews.kathimerini.com.cy/en/business/bbf-introduces-ask-bbf-for-comprehensive-real-estate-services
BBF, a leading residential and commercial developer in Cyprus, constantly invests in innovative solutions that put customers at the center of all operations....
https://knews.kathimerini.com.cy/en/news/cyprus-revs-up-its-new-car-registrations
The Cyprus Statistical Service's latest report reveals a significant surge in motor vehicle registrations, marking a 33.5% increase to 17,589 in January-April 2024, compared to 13,180 in the same period of 2023....
https://knews.kathimerini.com.cy/en/news/guests-rejoice-as-airbnb-puts-an-end-to-spy-cameras
In a significant move applauded by privacy advocates, Airbnb has announced plans to prohibit the use of surveillance cameras in its rentals, effective April 30th. ...
https://knews.kathimerini.com.cy/en/business/2-of-homes-in-cyprus-used-as-airbnb-accommodations
A recent report reveals that a staggering 2% of homes in Cyprus are being utilized as accommodations on Airbnb, highlighting concerns about housing availability and regulatory oversight. ...
https://knews.kathimerini.com.cy/en/news/cyprus-sees-45-rise-in-vehicle-registrations
Vehicle registrations increased by 45.0% in January-February 2024, according to the Statistical Service of Cyprus report "Registration of Motor Vehicles" for the period January-February 2024....
https://knews.kathimerini.com.cy/en/news/hotel-industry-faces-backlash-over-residence-fees
The inclusion of a residence tax within the framework of the green tax reform, affecting hotels, tourist accommodations, and Airbnb, is expected to trigger reactions within the hotel industry....
https://knews.kathimerini.com.cy/en/news/government-extends-financial-aid-to-tornado-victims
The Council of Ministers, led by Interior Minister Constantinos Ioannou, has decided to provide financial aid for damages caused by the tornado in the Limassol district on February 14....
https://knews.kathimerini.com.cy/en/business/the-€623-million-windfall-from-cyprus-shipping-industry
Kathimerini reporter Andreas Karamitas dives into the heartbeat of Cyprus' economy - the shipping industry. In a revealing exploration, discover how this vital sector pumped a staggering €623 million into the real economy solely through ship management in 2023. ...
https://knews.kathimerini.com.cy/en/news/european-parliament-honors-navalny-amidst-food-inflation
The European Parliament will commemorate the life of Russian activist Alexei Navalny, featuring an address by his wife, Yulia Navalnaya, in its plenary session this week in Strasbourg......
https://knews.kathimerini.com.cy/en/news/how-cyprus-golden-visa-attracts-investors-from-around-the-world
Investing in Cyprus isn't just about property, it's about embracing a lifestyle bathed in Mediterranean sunshine and reaping the rewards of strategic investment....
https://knews.kathimerini.com.cy/en/business/airbnb-soars-in-cyprus-as-over-6-700-properties-embrace-the-trend
In Cyprus, there's a growing trend in tourist accommodation preferences, with an increasing number opting for self-catering options like Airbnb, according to Marios Tsianakas,...
https://knews.kathimerini.com.cy/en/news/russian-tourists-warned-against-turkish-occupied-cyprus-trips
Vice-President of the Alliance of Tourist Agents of Russia, Aleksan Mkrtchyan, has warned Russian tourists to avoid trips to Turkish occupied Cyprus....
https://knews.kathimerini.com.cy/en/news/housing-costs-rise-apartments-jump-11-1-in-2024
House and apartment rents went up 8% and 11.1%, respectively, over the year in the fourth quarter of 2024, according to the Ask Wire Index. At the same period, house and apartment values rose 3% and 8.8% respectively over the year....
https://knews.kathimerini.com.cy/en/news/investigation-urged-as-state-contracts-lead-to-€6-4m-payout
In a recent address, Deputy Dipa Alekos Tryfonidis called attention to questionable agreements, urging an investigation into the responsible parties behind a contract resulting in a hefty 6.4 million euros compensation payout....
https://knews.kathimerini.com.cy/en/news/tenants-urge-parliament-for-fairness-amid-€150-to-€2-800-spikes
The Professional Committee for the Management of Turkish Cypriot Properties in Limassol has reported significant rent hikes for commercial assets....
https://knews.kathimerini.com.cy/en/comment/opinion/can-cyprus-withstand-yet-another-crisis
The recent Houthi attacks on commercial vessels navigating the Red Sea have triggered another disturbance in the intricate web of the global supply chain...
https://knews.kathimerini.com.cy/en/business/london-airbnb-offers-snore-and-explore-tents-for-£38-night
In a bid to tackle London's escalating rental prices, an enterprising Airbnb owner is providing an unconventional accommodation option......
https://knews.kathimerini.com.cy/en/news/sppmedia-epic-and-deejay-radio-hand-over-a-cheque-to-nicosia-s-center
The Epic Street Fest, which has now been established as an institution in the heart of the capital, is characterized by its philanthropic nature....
https://knews.kathimerini.com.cy/en/news/record-34-6-surge-in-vehicle-registrations-unveiled
In a gear-shifting revelation, Cyprus witnessed a remarkable 34.6% surge in vehicle registrations, hitting 45,494 in the period from January to December 2023, as reported by the Cyprus Statistical Service in their latest report titled ''Vehicle Registrations.''
...
https://knews.kathimerini.com.cy/en/news/reclaiming-700-000-vacant-homes-could-ease-greece-s-housing-crisis
The return to the real estate market of at least 700,000 homes that are currently closed or have stood empty for a number of years could play a key role in addressing Greece’s housing crisis....
https://knews.kathimerini.com.cy/en/news/woman-arrested-for-duping-victims-of-over-€430-000
In a shocking turn of events, a 52-year-old woman has been apprehended by Limassol Police for allegedly orchestrating a fraudulent real estate scheme.
...
https://knews.kathimerini.com.cy/en/news/greece-rolls-out-climate-resilience-levy-to-fund-post-disaster-reconstruction
In an effort to finance reconstruction projects following severe forest fires and floods, the Greek government has introduced a new accommodation tax, referred to as the 'climate resilience levy.'...
https://knews.kathimerini.com.cy/en/business/europe-tightens-rules-on-short-term-rentals-for-sustainable-tourism
The noose has tightened for short-term rentals within European territory, i.e. ''Airbnb'' and other well-known platforms. The aim of the new three rules from the European institutions is to promote more sustainable tourism,...
https://knews.kathimerini.com.cy/en/business/landlords-urged-to-be-reasonable-when-pricing-rentals
Marinos Keynegirou, the president of the Real Estate Registration Council, warns of escalating prices and dwindling demand in the real estate market's fourth quarter....
https://knews.kathimerini.com.cy/en/news/lisbon-s-homes-unaffordable-as-prices-hit-record-highs
In a dramatic twist, Lisbon finds itself grappling with a housing crisis, ranking second only to Athens in soaring housing costs among major European cities, reports Bloomberg. ...
https://knews.kathimerini.com.cy/en/news/sppmedia-and-deejay-radio-unite-for-epic-xmas-street-fest
Epic, SPPMedia, and Deejay Radio don aprons for a good cause at Epic Street Fest - Christmas Edition 2023!...
