#housing
Economy
Housing affordability challenges for young couples
The need for housing leads either to borrowing or renting, but both options are costly affairs.
The majority of young...
Economy
Cabinet expands beneficiaries in housing scheme
The beneficiaries of the Rent in Exchange for Loan Scheme are being expanded by a decision of the Cabinet,...
Local
15,000 buildings need annual energy upgrades
Around 15,000 buildings in Cyprus need to undergo annual energy upgrades until the year 2050, when houses will emit...
Economy
Airbnb use on the rise in Cyprus
Cyprus has surpassed 6,700 in accommodations, while in beds it has exceeded 30,000 in self-catering accommodations (Airbnb).
A new trend...
Economy
EU Commission approves interest subsidy for housing loans
The Directorate-General for Competition of the European Commission has approved the Interest Subsidy Scheme for Housing Loans concluded from...
Local
Legal battle looms over missing room in refugee apartment [PHOTOS]
They allocated a three-bedroom apartment in a dilapidated apartment building to a young refugee couple.
When the family arrived...
Economy
Mapping Cyprus’ real estate landscape in 2023
The outlook for the Cypriot real estate market in 2023 was positive.
According to data from the Comparative Sales...
Economy
Supreme Court evaluating Foreclosure Court law
For the last two months, the Parliament has approved the much-publicised law for the establishment of the Special Jurisdiction...
Economy
Real estate sector resilient amid economic challenges
During the fourth quarter of 2023, the real estate sector demonstrated resilience against opposing pressures from inflation, high lending...
Economy
New Tokyo apartments averaged above 100 mln yen in 2023 for first time ever
The price of new apartments in Tokyo during 2023 averaged more than 100 million yen annually for the first...
Local
AKEL to submit emergency draft law on foreclosures
AKEL will submit to the plenary session of the Parliament an emergency draft law proposal, concerning regulations related...
Economy
Construction material prices increased by 2.91% in 2023
In 2023, the Construction Materials Price Index increased by 2.91% compared to the corresponding period in 2022, according to...
Local
Elderly man in Kofinou sleeps on chair
An elderly man has nowhere to sleep and thus sleeps in a "comfort" chair in Kofinou.
The report on the...
