Rents | Cyprus Mail

Coronavirus: Government rejects pleas for direct subsidies on rents

Elias HazouFebruary 22, 2021February 22, 2021

By Elias HazouFebruary 22, 2021February 22, 202102835

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...

Cyprus Featured

Coronavirus: Tax breaks discussed for landlords who reduce rents

George PsyllidesFebruary 16, 2021February 16, 2021

By George PsyllidesFebruary 16, 2021February 16, 202102103

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...

Cyprus

Coronavirus: House passes tax incentives for lowering rents

George PsyllidesMay 22, 2020May 22, 2020

By George PsyllidesMay 22, 2020May 22, 202005393

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...

Cyprus Featured

Plan unveiled for affordable housing

George PsyllidesMay 17, 2019

By George PsyllidesMay 17, 201901254

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...

Cyprus

Protest on Sunday at presidential palace over spiralling rents

Lizzy IoannidouNovember 30, 2018November 30, 2018

By Lizzy IoannidouNovember 30, 2018November 30, 20180160

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...

Cyprus

Limassol group battling evictions warn against allying with Elam

Lizzy IoannidouNovember 12, 2018

By Lizzy IoannidouNovember 12, 20180209

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....

Cyprus Featured

Co-op tenants in Limassol face eviction

Lizzy IoannidouAugust 3, 2018August 3, 2018

By Lizzy IoannidouAugust 3, 2018August 3, 20180146

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...

Guest Columnist Opinion

How to contain significant price increases of houses and rents

CM Guest ColumnistJune 10, 2018June 10, 2018

By CM Guest ColumnistJune 10, 2018June 10, 201822 121

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...

Business Cyprus

Office, residential rents record double-digit rise in Q3

Stelios OrphanidesFebruary 22, 2018

By Stelios OrphanidesFebruary 22, 20180114

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...

Cyprus Property

Office rents spearhead recovery four years after bailout

Stelios OrphanidesNovember 20, 2017

By Stelios OrphanidesNovember 20, 2017078

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...

Business Cyprus Featured Property

Rents in Limassol skyrocket

Andria KadesJuly 30, 2017July 30, 2017

By Andria KadesJuly 30, 2017July 30, 201723 620

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...

Cyprus

Larnaca municipal report highlights irregularities on popular Mackenzie beach

Evie AndreouAugust 27, 2016August 27, 2016

By Evie AndreouAugust 27, 2016August 27, 201626 153

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...

Cyprus

Rents fall in former high-end shopping hubs

Jean ChristouAugust 1, 2016

By Jean ChristouAugust 1, 201612 125

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...

World

Cities where rent swallows your salary

FORMER STAFFApril 28, 2016March 20, 2017

By FORMER STAFFApril 28, 2016March 20, 20174 176

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...

Cyprus

TEPAK set to save €900,000 on rents

FORMER STAFFApril 21, 2016April 21, 2016

By FORMER STAFFApril 21, 2016April 21, 20163 246

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...

Business

Home prices fall, rents rise in Q4, investment yields under pressure, RICS says

Stelios OrphanidesFebruary 25, 2016

By Stelios OrphanidesFebruary 25, 2016065

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...

World

Ireland to link soaring rents to inflation

Jean ChristouSeptember 27, 2015

By Jean ChristouSeptember 27, 20150154

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...

Cyprus

‘Dogs driving us barking mad’

Bejay BrowneFebruary 15, 2015February 15, 2015

By Bejay BrowneFebruary 15, 2015February 15, 2015114 577

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...