https://knews.kathimerini.com.cy/en/comment/opinion/makarios-avenue-struggles-to-reclaim-its-glory-despite-makeover
No one doubts that Makarios Avenue in Nicosia is facing serious commercial challenges. This has been one of the city’s most discussed and critical issues for some time now....
https://knews.kathimerini.com.cy/en/news/paphos-revives-city-center-with-affordable-student-hostels
Abandoned buildings in Paphos’ city center are getting a new lease on life, as the municipality transforms them into affordable student housing. ...
https://knews.kathimerini.com.cy/en/business/cyprus-considers-raising-family-income-limit-in-major-tax-reform
Finance Minister Makis Keravnos said Friday he is open to raising the family income ceiling for tax deductions to €90,000 from the proposed €80,000, noting that ''the cost is not prohibitive.''...
https://knews.kathimerini.com.cy/en/business/cypriots-earn-a-bit-more-in-2024-just-don-t-spend-it-all-at-once
Workers in Cyprus took home more money in 2024, but the pace of wage growth lost steam as inflation continued to squeeze household budgets....
https://knews.kathimerini.com.cy/en/news/man-accused-of-scamming-€76k-from-paphos-apartment-rentals
Police in Paphos have arrested a 33-year-old man accused of siphoning off more than €76,000 in rental income from apartments he was supposed to manage on behalf of their owner....
https://knews.kathimerini.com.cy/en/news/how-can-i-start-a-family-if-i-can-t-afford-a-home
A 28-year-old woman from Larnaca has put into words what many in Cyprus quietly feel: the dream of starting a family is slipping further out of reach, tangled in high rents, low wages, and the lingering wounds of 1974....
https://knews.kathimerini.com.cy/en/news/cyprus-students-face-years-long-wait-for-new-university-housing
Students at the University of Cyprus may have to wait at least six years before the university’s new dormitories are fully ready, university officials said, as housing shortages continue to frustrate students and their families....
https://knews.kathimerini.com.cy/en/business/rental-prices-in-cyprus-show-dramatic-divide-limassol-rents-more-than-double-those-in-paphos-and-larnaca
Rental prices across Cyprus have remained largely stable, balancing increased demand from students with new housing developments....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-is-being-bought-and-the-state-doesn-t-seem-to-know-or-care
About a year ago, I met with the top state official responsible for land and property issues in Cyprus. I won’t name names. My intention isn’t to target anyone personally, but I will say this: I spoke to the person who should know the most about the growing number of real estate acquisitions by non-EU nationals....
https://knews.kathimerini.com.cy/en/business/increasing-total-housing-supply-is-key-to-tackling-the-housing-crisis
Cyprus is at a critical juncture in its housing crisis, with property prices on the rise and supply struggling to meet existing demand. ...
https://knews.kathimerini.com.cy/en/business/ucy-student-dorms-at-berengaria-site-moving-full-speed-ahead
Construction is in full swing on the University of Cyprus’ new student dorms in Kato Polemidia, Limassol, right where the old British ''Berengaria'' settlement used to be....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/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. ...
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/life/barbershop-battle-brews-in-nicosia-s-old-town-as-cypriot-barbers-face-extinction
In Nicosia’s Old Town, a quiet battle is playing out—one haircut at a time. On one side are the last five Cypriot barbers still operating in the walled city, clinging to tradition and fearing extinction. ...
https://knews.kathimerini.com.cy/en/life/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....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/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. ...
https://knews.kathimerini.com.cy/en/comment/opinion/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....
https://knews.kathimerini.com.cy/en/comment/opinion/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....
https://knews.kathimerini.com.cy/en/news/housing-crisis-looms-as-limassol-property-prices-skyrocket
Limassol has seen a dramatic surge in property prices over the past five years, with rents and home prices doubling—and in some cases, tripling....
https://knews.kathimerini.com.cy/en/news/greek-american-community-in-queens-divided-as-us-election-stirs-deep-tensions
In Astoria, Queens—a long-standing Greek-American hub—the upcoming U.S. election has created deep rifts in a typically tight-knit community....
https://knews.kathimerini.com.cy/en/news/rising-rents-in-cyprus-causing-a-burden-for-middle-class-families
In an interesting article written by Kathimerini's Panayiotis Rougalas, the Cypriot government has launched programs aimed at addressing the country’s severe housing crisis, but high rent prices across Cyprus continue to stretch the budgets of most households, especially for middle and lower-middle-income families....
https://knews.kathimerini.com.cy/en/news/government-announces-new-measures-to-help-vulnerable-households
In a bid to ease energy expenses for vulnerable groups and promote sustainable housing solutions, the Cabinet approved a set of medium-term measures during its meeting on Tuesday, chaired by President Nicos Christodoulides....
https://knews.kathimerini.com.cy/en/news/limassol-office-costs-outpace-london-and-amsterdam
Office rental prices in Cyprus, particularly in Limassol, have exceeded those in cities like London and Amsterdam, according to major tech companies operating on the island....
https://knews.kathimerini.com.cy/en/news/cyprus-to-offer-more-affordable-homes-with-cldc-s-three-part-plan
The development programme of the Cyprus Land Development Corporation (CLDC) will move along three pillars in order for the organisation to provide affordable housing for purchase or rent to beneficiaries, is Director General Eleni Symeonidou, has told the Cyprus News Agency, stressing the contribution of the organisation in easing the housing shortage....
https://knews.kathimerini.com.cy/en/news/cypriot-students-face-€1-100-rents-in-limassol
Rising rental prices are placing significant strain on individuals seeking housing in Cyprus and Greece, with particular challenges faced by incoming university students. ...
https://knews.kathimerini.com.cy/en/comment/opinion/struggles-amidst-renovation-on-makarios-avenue
I've heard that two stores of a well-known chain recently closed down on Makarios Avenue, namely Etam and Undiz. While these brands thrive in malls and other cities, they seem to struggle in the heart of Nicosia....
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/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....
