Plan unveiled for affordable housing
The government on Friday unveiled a plan aimed at creating affordable housing for vulnerable groups of the population based on eight pillars, including the introduction...
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Rents
Protest on Sunday at presidential palace over spiralling rents
A protest seeking to draw in indignant residents from all cities in view of spiralling rents and their consequences is set to take place on...
Limassol group battling evictions warn against allying with Elam
By Lizzy Ioannidou A grassroots Limassol-based movement against evictions warned on Monday against striking alliances with other initiatives, particularly with the far-right political party Elam....
Co-op tenants in Limassol face eviction
By Lizzy Ioannidou Tenants living in apartment buildings behind the Limassol Co-operative Savings Bank on Gladstonos Street in Limassol have been left panic-stricken after receiving...
How to contain significant price increases of houses and rents
By Nicos Rossos The RICS Indicator (The Royal Institution of Chartered Surveyors) which registers the cost of rents, apartments and houses in the central areas...
Office, residential rents record double-digit rise in Q3
Rent prices rose at an increasing rate in the third quarter of 2017, driven mainly by office space and residential properties, the Cyprus division of...
Office rents spearhead recovery four years after bailout
By Stelios Orphanides Four years after the culmination of the fiscal and banking crisis partly caused when the construction and real estate bubble burst, property...
Rents in Limassol skyrocket
Limassol’s status as a lively cosmopolitan seaside business centre which is home to a large, mostly wealthy expat community is having a huge impact on...
Larnaca municipal report highlights irregularities on popular Mackenzie beach
Larnaca’s municipal authority is proposing evictions and tearing down illegal structures as it tries to resolve problems on the popular Mackenzie beach area, it emerged...
Rents fall in former high-end shopping hubs
Retail rentals on Makarios Avenue and Stasikratous in Nicosia have fallen to €20-€25 per square metre, which is €10 cheaper per square metre than Ledra...
Cities where rent swallows your salary
Rent can swallow a significant portion of your pay check, depending on where you live. In Boston, a worker on an average wage will have...
TEPAK set to save €900,000 on rents
The Cyprus University of Technology (TEPAK) has stopped paying rent for four of their buildings and are refusing to pay increased rents for other buildings...
Home prices fall, rents rise in Q4, investment yields under pressure, RICS says
By Stelios Orphanides Prices for flats and houses in Cyprus fell in October to December 0.5 per cent and 0.1 per cent respectively compared to...
Ireland to link soaring rents to inflation
Ireland plans to bring in legislation linking residential rents to the rate of inflation, in a bid to curb soaring rental costs, the Sunday Times...
‘Dogs driving us barking mad’
By Bejay Browne PEYIA residents are organising against the nuisance of barking dogs, which they say are not only affecting their wellbeing but also impacting...
Dramatic fall in property prices in first quarter
Annualised house prices in Cyprus fell by 7.8 per cent during the first quarter of 2014, while flat prices suffered even bigger losses by 10.7...
House and flat prices plunge in fourth quarter of 2013
By Staff Reporter Residential prices for both houses and flats fell by 1.6 per cent and 0.5 per cent respectively during the fourth quarter (Q4)...
‘Rents in freefall’ say property owners
By Stefanos Evripidou IF WE want to see property ownership becoming a privilege of the few, then leave things as they are, said head of...
TEPAK boss fends off criticisms over rent
By Maria Gregoriou THE Technological University of Cyprus (TEPAK) chairman Demetris Kontides yesterday fended off criticism alleging years of financial waste at the Limassol-based university....
Unrealistic rents to be raised by the state
By Peter Stevenson LOOKING at ways to boost its coffers, the government has decided, through the Public Works Department (PWD), to evict or increase rent...