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Call for stricter electrical equipment regulations, compulsory compliance with safety standards, and rigorous market monitoring system.
The Troika of international lenders expressed concern over Cyprus’ slow progress in reducing legacy Non-Performing Loans (NPLs) and persistent high debt levels. The recent visit of the Troika’s ...
The investigative report ‘The Cyprus Papers’ earnt Al Jazerra a bronze at the New York TV & Film Awards, while Al Jazeera English’s coverage of international issues and universal themes earned the ...
The Cyprus Consumer Protection Service (CCPS) has registered 56 applications at court against property developers and banks in connection with abusive clauses in consumer contracts. According to the ...
The Cyprus Architects' Association (SAK) has called for tighter regulations and amendments to legislation governing tourist facilities.
The price index of construction materials rose 10.73 per cent in February on an annual basis and increased by 0.06 per cent compared with January according to the Cyprus Statistical Service. Compared ...
During the second quarter of 2023, a further increase was recorded in the prices of residential properties (with apartments leading ahead of houses) offices and warehouses, while the prices of retail ...
Cyprus' housing shortage may deter foreign firms headquartering in Cyprus, significantly harming the country's economic and strategic goals.
Cyprus’ apartment market presents a stark contrast between Limassol and Nicosia, as highlighted by real estate analytics firm Ask Wire. Limassol’s luxury apartment prices soar to €5 million, while ...
Owners of unlicensed short-term rentals face a fine of up to €5,000 or a prison sentence of up to one year if convicted.
Property sales (as measured by the number of sale contracts deposited at Land Registry offices) fell in October compared to October 2020 following seven months of positive growth. The only district ...
In a significant move to tackle the ongoing housing shortage, the Cabinet on Wednesday approved key amendments to a special incentives scheme aimed at increasing the supply of affordable homes. The ...
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