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121. 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...

122. 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....

123. 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....

124. 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...

125. €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....

126. Eleftherias Square is getting a bakery and a kiosk

127. 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....

128. 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...

129. Ask WiRE Index: Apartments lead the way in sale and rent price hikes in Q2

Ask WiRE, a company combining real estate know-how with technology has published its Q2 2022 edition of the Ask WiRE Index for property sale and rental values. The Ask WiRE Index covers all districts and main property types, with values from Q4 2009....

130. A cat has nine lives. So does the Cyprus property market.

Where is the Cyprus property market heading? I have been asked this question countless times over the past three months, primarily from foreign investors who are trying to appreciate how the rise in inflation, increase in interest rates, and war in Ukraine is affecting local market dynamics....

131. Gun report adds new twist in Azeri case

The Azeri suspect in a contentious thwarted plot against Israelis in Cyprus has admitted some charges essentially throwing a curve ball at the prosecution, with the defense raising serious questions over murder-for-hire conspiracy and terrorism accusations...

132. Landlords arrested after attack video goes viral

An elderly couple has been arrested in Limassol after their tenant told police they assaulted her, while a video of the attack appeared on social media along with reports of a rental dispute...

133. Outbound tourist pulled off flight over road incident

A British male was denied boarding and got arrested at Larnaca airport on Friday following a road incident in Ayia Napa, where a local biker was injured after the two got into an argument over a rental car idling on the wrong side of the road...

134. K. Treppides & Co Ltd: Benefits in Kind

There are a number of commercial benefits that come with registering the property in the name of a legal entity rather than as an individual e.g. for asset protection purposes as it provides protection against personal insolvency since a property that is in the name of a legal entity should not be affected should the individual becomes personally insolvent....

135. Asylum applicants can now register at Pournara

Asylum seekers will hand in their registration applications at the Pournara Temporary Reception Center starting Tuesday, Deputy Minister of Social Welfare, Anastasia Anthousi, said on Monday. ...

136. Glamping is on the rise, and hostels are coming soon

In January 2020, Airbnb's were officially allowed to operate in Cyprus, giving tourists an alternate mode of accommodation on the island in addition to hotels and hotel apartments....

137. Larnaca man killed in rental car accident

A man in Larnaca lost his life on Monday when his rental car veered off lane and fell into a ditch, with reports saying the driver was crushed to death after being ejected from the vehicle...

138. Greece experiencing significant staff shortages at hotels

Greek hotels are looking to fill 55,000 positions this summer, during what is expected to be a very busy season, according to hoteliers....

139. K. Treppides & Co Ltd: Letting your property in Cyprus through online platforms (e.g. Airbnb)?

The economy of Cyprus is largely dependent on tourism, and this is evident from the fact that government revenues from tourism accounted for over 12% of Cyprus GDP in year 2019 (in accordance with publicly available statistics extracted pre Covid-19 pandemic). ...

140. People around the world are booking Airbnbs in Ukraine but they don't plan to check in

One of the social media influencers behind the Airbnb effort also has encouraged his followers to patronize Ukrainian merchants on Etsy but ask sellers not to ship any goods. Etsy has announced it's canceling the current balances and fees owed by all sellers in Ukraine....

141. When the 'Tinder Swindler' came to Cyprus

A few weeks ago, Netflix released a new biographical documentary, The Tinder Rogue. The story deals with the case of the young Simon Hayut or Simon Leviev, as he used to introduce himself to his victims, who cheated on women in order to make money....

142. Rental prices are soaring in Britain

Rents in the UK rose at a record rate last year and are expected to continue to rise in 2022, albeit at a slower pace, according to an analysis by Rightmove....

143. Stasikratous Christmas wonderland

The Municipality of Nicosia, RCB BANK and EPIC invite you to a fantastic all-day Christmas experience on the most beautiful street of the city, Stasikratous this weekend December 18 and 19....

144. Drivers cheated out of traffic camera warnings

After a re-launch of traffic cameras in October in the Republic of Cyprus, police have still not succeeded in sending out warning citations to violators as promised during grace period...

145. Germany's new chancellor

Olaf Scholz became Germany’s ninth post-World War II chancellor Wednesday, opening a new era for the European Union’s most populous nation and largest economy after Angela Merkel’s 16-year tenure....

146. Troubling details emerge in stabbing death in Nicosia

Troubling details in the death of an asylum seeker, who was stabbed by a fellow compatriot outside their residential building, point to arguments over food, ambulance delays, and unspeakable living conditions among asylum seekers...

147. Changes in scooter legislation

During its session yesterday, the Council of Ministers approved two bills for the regulation of Personal Mobility Devices, also known as scooters or e-scooters....

148. Weekend turns deadly for three drivers

Three men are dead following separate road crashes, with two of them dying at the scene this weekend and another succumbing to his injuries in hospital following a collision last month...

149. Another gun emerges in convoluted Azeri case

Police have reportedly found a third gun in connection with a thwarted alleged plot against Israeli businessmen in Cyprus, while the prime suspect’s lawyer is resorting to the Constitution and crying foul over consecutive remand renewal tactics against his client...

150. Hertz orders 100,000 Tesla cars

Hertz Global Holdings Inc., placed an order for 100,000 Teslas in the first step of an ambitious plan to electrify its rental-car fleet,...