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751. Alleged teen kidnapper gives own version of events

A foreign man accused of kidnapping two teenagers in a public park in Nicosia says he did not do anything, but local media say the suspect admitted after his remand hearing that he held a boy and a girl against their will...

752. Q1 2023 sales reach €1.7 billion despite challenges

During the first quarter of 2023, the total value of properties sold was €1.7 billion. Despite facing numerous challenges that are starting to impact the real estate market, it has shown resilience...

753. The hypocrisy over Varosha

The news of three hotels owned by Greek Cypriots being sold to a Turkish Cypriot entrepreneur in Varosha summarizes our ongoing hypocrisy in the Cyprus issue, both in terms of the displaced and the property aspect in the negotiations....

754. Building land for sale by AstroBank

AstroBank is selling building land in various districts of Cyprus such as Paphos, Larnaca, Famagusta, and Nicosia....

755. Disappearance less clear after cops nab hacker’s pal

A man said to be an acquaintance of Little Hacker, the detained suspect in a disappearance case possibly linked to cryptocurrency theft, has also been nabbed by police after investigators became suspicious over partial statements he had made, but charges still remained unclear...

756. Speculation rampant as Cyprus probes Russian fire

The cause of a large fire on Wednesday at a Russian building in central Nicosia is under investigation, with media speculation ranging from an accident to a possible terrorist attack and authorities not ruling out anything...

757. Glitch gone wrong: Japan's largest airline cancels $10,000 tickets sold for $300

Japanese airline All Nippon Airways will not honor the deeply discounted first and business-class tickets mistakenly sold in a currency glitch last week, the airline announced Tuesday....

758. Building land for sale by AstroBank

AstroBank is selling building land in various districts of Cyprus such as Paphos, Larnaca, Famagusta, and Nicosia....

759. Police suspect foul play in cryptic disappearance case

A local man who did time in a US prison and is also being accused of bitcoin theft in Cyprus has turned himself in, but he is reportedly not answering questions about the disappearance of a man whose torched vehicle was found in rural Nicosia last week...

760. The real estate industry's crucial turning point

The European Parliament recently approved a new bill that aims to tackle climate change by reducing carbon emissions. This new legislation has significant implications for the property markets in Cyprus and Greece, where there is a large stock of buildings over 30 years old and requiring energy upgrades....

761. Numerous foreclosure sales expected in 2023 and 2024

The COVID-19 pandemic and the subsequent suspension of divestments since 2020 have led to the creation of a considerable volume of properties for disposal that banks and credit purchase companies have on their balance sheets....

762. Ideal real estate investment opportunities for sale by AstroBank

Commercial, industrial, and residential listings in various districts...

763. Cypriot banks dump Russian client accounts

Russian nationals in the Republic of Cyprus are facing bank account closures as the island’s financial institutions are choosing to axe client accounts to avoid sanction violation risks, but some fear an indiscriminate sweep may affect innocent customers...

764. Cyprus tourism surges with 61% increase in Q1 2023

Tourist arrivals to Cyprus went up by 61% during the first quarter of 2023, reaching 393,893, compared to 244,705 in the corresponding period of 2022, according to data published by the Cyprus Statistical Service on Tuesday....

765. The new four-legged resident of the Presidential Palace (photo)

In addition to Nikos Christodoulides and his family, the Presidential Palace also houses the family's four-legged friend, Nala, a golden cocker spaniel. ...

766. Altia: New Portfolio under Management

Altia, the fastest growing property company in Cyprus, officially announces the management of a new real estate package known as "Starlight" which will be added to the existing portfolio managed by the company....

767. Government continues measures to counter inflationary pressures

The government of Cyprus has decided to continue measures aimed at countering inflationary pressures, including an extension of a subsidy on electricity consumption and a reduced excise tax on fuel....

768. Second driver in fatal double hit and run sentenced

A man who was found guilty of manslaughter in a double hit and run fatality in Paphos was sentenced to six years in prison on Tuesday, with police still unable to locate the first car that struck the local woman unconscious...

769. Greek and Turk connect over tombstone in Istanbul

Kerem Soyyilmaz knew very little about the 1923 population exchange between Greece and Turkey but felt such a strong urge to investigate after discovering in the summer of 2017 a marble slab with an inscription in Greek...

770. EAC employee arrested for defrauding citizens

A 43-year-old resident of Paphos has been ordered by the Paphos District Court to be detained for seven days on allegations of misappropriating over €30,000 from a semi-governmental organization, AEK, intended for the installation of photovoltaic panels....

771. €130M grant plan proposed for 358 refugee apartment buildings

In an effort to effectively manage buildings in government housing estates and address observed structural issues, the Ministry of Interior has prepared a comprehensive Sponsorship Plan to be presented at Friday's Cabinet meeting. ...

772. January 2023 sees significant surge in building permits

The total value of building permits in January 2023 increased by 45.8%, compared to January 2022, according to data published by the Statistical Service on Friday. At the same time, the total area increased by 28.5%...

773. Macron's mission in China: Convincing Xi on Ukraine

774. Easter holiday boosts air travel in Cyprus by 26%

April will kick off the summer tourist season with satisfactory arrivals and hotel occupancies for the Easter period. Since last week, demand for travel has started to rise from foreign tourists, ...

775. AstroBank: Agricultural land for sale across Cyprus

AstroBank has listed for sale agricultural land across Cyprus....

776. Lack of legal protection in EU adoptions

Intercountry adoption is the adoption of a child habitually resident in one state by parents habitually resident in another state, as defined in Article 2 of the 1993 Hague Convention, which ensures cross-border recognition of adoptions. However, in practice, additional procedures are required for its recognition in certain States, including EU Member States....

777. Home prices remain high despite recent dip

House Price Index decreased by 4% in the fourth quarter of 2022 and amounted to 108.03 units, compared to the third quarter, when it was at 112.51, according to a preliminary estimate of the Statistical Service, published on Tuesday....

778. Police investigate death in Chloraka apartment fire

A foreign man was found dead in an apartment in Chloraka on Wednesday, after neighbors reported a fire, but a preliminary investigation raised more questions than answers as to the cause of fire or time and manner of death...

779. Exceptional residential plots available for sale by AstroBank

AstroBank has listed for sale residential plots in various areas of Cyprus like Paralimni, Strovolos and Peyia, that are ideal as an investment or private use....

780. Real estate investment opportunities by AstroBank

Houses, building plots, agricultural, commercial, and industrial real estate, in many areas of Cyprus...