News Local Parliament moving to regulate online short-term rentals

Parliament moving to regulate online short-term rentals


A bill which will regulate the uncontrolled online rental of  short-term accommodation moved a step closer to a vote in the plenary after yesterday’s discussion in the House Commerce Committee.

It suggests that owners of properties on websites such as airbnb and, register their accommodation on a special register and those that have an income of more than €15,600 pay taxes.

The bill was drafted by DISY MP Averof Neofytou and EDEK MP Elias Myrianthous.

At the moment, there are an estimated 40,000 properties on online booking sites in Cyprus that are not licensed.

If the law passes, properties will receive a special registry number which will be shown in their online profile. Long-term renters will also have to acquire a licence.

According to the proposed law, apartment owners will have to obtain the approval of the other residents in a building before they register their flats to rent online.

According to Committee chairman Angelos Votsis, the bill aims to regulate the market of online rentals of holiday accommodation.

It has been a long standing demand of hoteliers who have complained of unfair competition from premises that are not subject to the same rules as licensed holiday accommodation.

DISY MP Andreas Kyprianou said that the law will allow some property owners to increase their income, will bring order to the market and generate revenue for the state.

Votsis said that the Committee expects to conclude its discussions in 15 days.

The bill will then go to the Plenary session in October.


Top Stories

Happening now: Man entered café in Larnaca wielding knife

An attempted robbery in the center of Larnaca is currently underway. According to initial information, a man wielding a knife entered a well-known café-restaurant on...

European bee-eaters, other protected species illegally killed in Meneou

Images of dead protected species in Meneou area, Larnaca, were published on Facebook by BirdLife Cyprus and have caused anger and disgust, Philenews reported...

Death of 76-year-old bather in Larnaca sparks lifeguards’ protest

A 76-year-old man drowned early on Tuesday at Makenzie beach in Larnaca and lifeguards have called again for safety measures to be taken. “This sad...

Larnaca Municipality appeal for immediate cat sterilisation

Larnaca Municipality on Tuesday appealed to cat owners to neuter their pets immediately so that the population of strays and free-roaming ones across the...

Warning over high concentration of dust in the air

High concentration of dust is in the air on Tuesday, according to measurements from ground Stations of the Air Quality Monitoring Network operated by...



Sheftalies, a very tasty dish from the charcoal grill, are minced meat shaped into small sausages and wrapped in “panna” (suet). Panna is a...

Spicy grilled soutzoukakia

Place all ingredients for soutzoukakia in a bowl and mix well, preferably using a food processor, until well combined. Using the mixture, form cigar-shaped...


Pork souvlaki: Put the meat and all the other ingredients in a bowl (not metal) and mix well. Cover the bowl and keep in...

Pastelli (Carob Toffee)

The nutritional sweet of Pastelli is made with the syrup of carob pods, produced by boiling their pulp until it forms a thick, sticky...