Petrides: days of cheap energy and money are over
Finance Minister Constantinos Petrides warned on Monday that “tectonic shifts are underway” as he warned that the days of cheap energy and cheap money are...
Rents
Four Limassol hotels will accommodate Tepak students amid rental crisis
Four Limassol hotels have shown interest in housing students from the University of Technology (Tepak), offering a total of 162 beds for specific periods of...
Bad tenant register suggested as way to normalise rental prices
Council for Registration of Real Estate Agents president Marinos Kineyirou this week released a statement addressing the issue of soaring rental costs in Cyprus. “The...
Solutions to the rent problem
A good effort by the Cyprus Land Development Organisation (ΚΟΑG) to offer properties for rent (residential) at affordable levels. The announcement by this organisation and...
The real estate market determines rental values
Prevailing real estate market conditions affect rental values of properties accordingly, though for those subject to rent control there is the protection of the court....
Coronavirus: Government rejects pleas for direct subsidies on rents
The government on Monday held fast to its refusal to directly subsidise tenants suffering the economic impact of coronavirus-related restrictive mandates, insisting instead that offering...
Coronavirus: Tax breaks discussed for landlords who reduce rents
The House finance committee on Monday discussed two bills extending tax breaks to landlords who rent to businesses stricken by the coronavirus crisis, which aim...
Coronavirus: House passes tax incentives for lowering rents
Parliament on Friday passed a bill affording incentives to property owners to lower the rent they charge tenants, stricken by the fallout of the coronavirus...
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...
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...
