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1. Troodos tenants’ reckless fires raise questions about state oversight

The recent devastating wildfire in the mountainous region of Limassol, which caused both human and material losses, has exposed gaps, oversights, and serious questions about the readiness of state services in preventing and combating fires....

2. 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....

3. Government unveils comprehensive aid package for Limassol fire victims: Cash payments, rent subsidies, and full damage restoration

Regarding the support and payment of financial aid to citizens affected by the fires in communities of the Limassol District, and following the announcement of the President of the Republic last Sunday, the Council of Ministers decided today on the following measures....

4. 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....

5. Paphos municipality wins long-running legal battle over Ibrahim’s Khan project

After nearly a decade in the courts, the Paphos District Court has thrown out a lawsuit filed against the Paphos Municipality by a former tenant of a Turkish Cypriot-owned property....

6. The Landmark Nicosia Towers: The ultimate 5-star lifestyle choice in Nicosia

As the most prestigious real estate project in the modern history of Nicosia is developing in full speed, the vision of the owner MHV, a company group with a prominent role in the luxury hospitality and premium real estate scene of Cyprus and the Eastern Mediterranean, is becoming more and more evident....

7. King’s Gardens: A Prime Investment in the Heart of Nicosia

8. 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....

9. MHV -Mediterranean Hospitality Venture: A rapidly growing group brings a new dawn in luxury hospitality and high-end real estate in Cyprus and the Mediterranean.

With a high level of expertise in the demanding luxury hospitality and real estate industry, MHV – Mediterranean Hospitality Venture is evolving into one of Cyprus’ and the East Mediterranean’s leading groups, showcasing fast, yet steady, growth....

10. Grants up to €35,000 for renovating empty homes – with a catch.

The Ministry of Interior has officially launched the ''Renovate-Rent'' Scheme, opening the door for property owners to receive grants of up to €35,000 to fix up vacant homes — as long as they rent them out affordably....

11. Progress in Motion: The Proposed Mall of Limassol is a planned development that will reshape the city’s future

The proposed Mall of Limassol is poised to create a premier destination for shopping, dining and entertainment in Limassol....

12. Mysterious death in Omonia: A 'Fifty Shades' game gone wrong?

A chilling scene straight out of a thriller unfolded on Thursday afternoon when a young American man was found dead in an apartment on Kolokynthous Street, Omonia,...

13. Lack of 'Certificate of Occupancy' puts homeowners at risk in 'Rent to Mortgage' plan

A surprising revelation in the ongoing discussion about the Rent to Mortgage Scheme has raised concerns for homeowners across Cyprus: around 60% of the properties involved in the scheme do not have an official certificate of occupancy, meaning that a building complies with all necessary regulations and is safe for use or habitation....

14. Crumbling balconies and falling debris spark safety concerns

A photo of a dangerously unstable apartment building, believed to be in Paphos, has reignited public concern over neglected buildings and the risks they pose....

15. Nicosia's old GSP transformed into urban park ready for public use

The long-awaited redevelopment of the old GSP site is nearly complete and is set to be handed over to the Nicosia Municipality in March. ...

16. Nicosia’s old GSP redevelopment faces delays, but progress accelerates

The redevelopment of the old GSP in Nicosia, originally set to finish by November 2023, has faced delays but is now moving forward, according to a report by Kathimerini's Dorita Yiannakou....

17. Delays continue to hit GSP square, Nicosia’s future urban hub

According to a report by Kathimerini's Dorita Yiannakou, Nicosia residents have been eagerly awaiting the completion of the city’s largest public square and green spaces, a redevelopment of the old GSP stadium that has been delayed by over a year....

18. First student housing set to open in old town Nicosia

The first student residence inside Nicosia’s walled city will open in November, offering 13 rooms as part of a larger plan to create 380 student spaces. ...

19. Unlock a whole new world with the new mobile App of Ayia Napa Marina!

20. Ikea to open store on New York's chic 5th Ave

IKEA is set to open a new store in the heart of Manhattan's Fifth Avenue shopping district, serving as the prime anchor of a new office tower, the majority owner of IKEA stores announced Tuesday....

21. Why building a home is rare today

As discussed in our previous article, the housing landscape in our country is changing, with home ownership rates decreasing and aligning with the European average. ...

22. Small homeless communities pop up in US cities

In a dreary part of downtown Atlanta, shipping containers have been transformed into an oasis for dozens of previously unsheltered people who now proudly call a former parking lot home....

23. Woman arrested after clash with police over self-harm threat

Police authorities sprang into action following reports of a 61-year-old female resident, under court order for eviction, allegedly dousing herself with gasoline and threatening self-immolation. ...

24. Mykonos faces tourism crisis amid declining numbers

Despite promising signs for other parts of the country as regards the number of flights and seat bookings for the 2024 tourism season, Mykonos is seeing a decline in both indices for the second year in a row. ...

25. Cyprus announces aid package for victims of Limassol tornado

In response to the recent tornado and extreme weather conditions that struck the Limassol Province on February 14, 2024, the Cyprus government has unveiled a comprehensive aid package to assist affected individuals and properties....

26. Luxury living or lawlessness? Squatters occupy Hollywood Hills mansion

A luxurious mansion in the heart of Hollywood Hills became an unexpected shelter for squatters earlier this year, showcasing a bizarre mix of characters including a self-proclaimed OnlyFans creator and a French bulldog....

27. Imperio leads Cyprus real estate into green future with first-ever ESG report

Imperio remains steadfast in its commitment to promote the green transition of Cyprus’ real estate sector – a development that will greatly benefit the sector’s businesses, society, economy, as well as the environment itself, in multiple ways....

28. AstroBank: Residential and commercial plots land for sale

AstroBank is selling residential, as well as commercial plots in various areas of Cyprus in the districts of Nicosia, Larnaca, Famagusta, and Paphos....

29. 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....

30. 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....