The era of small quality contractors
It is now necessary to introduce the European system of certification of technical competence by craftsmen builders. The situation that prevails today in the construction industry in Cyprus of “you...
View ArticleLarnaca a prime hotspot for real estate investors
Cyprus based real estate platform INDEX.cy unveiled a report on Friday, singling out Larnaca as the prime destination for investors and homebuyers eyeing lucrative opportunities in the island’s real...
View ArticleGetting tougher on naturalisation
The new requirements regarding the eligibility to apply for a Cypriot nationality has introduced so many prerequisites that it is almost impossible for the applicants to meet. These new restrictions...
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Paphos tops February property deals, €4.8 mln for plot
Paphos and Limassol are driving the island’s property market, according to a monthly survey by Cypriot real estate analytics firm Ask Wire, spotlighting the ten priciest deals in February. The top 50...
View ArticleDelays in legal procedures
The difficulties that the legal system is facing in Cyprus is quite known locally, as well as abroad. The situation is now so bad that various international agreements refer to arbitration or the...
View ArticleHaving high hopes for our youth
I often write about my disappointment of a sector of the younger generation. The crime rate is particularly high among the ages of 16-30 and most crimes have drugs as the underlying factor,...
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Cyprus real estate sector steaming ahead
The Cyprus real estate market is steaming ahead and far from cooling down, as 2023 closed with 25,400 transactions worth €5.6 bln, according to a study by Deloitte. The ‘Big Four’ audit and advisory...
View ArticleLarnaca port delay talks on Monday
President Nikos Christodoulides will chair a meeting with all stakeholders on Monday in an effort to break the deadlock and push ahead with the stalled €1.2 bln Larnaca port and marina project....
View ArticleThe illogical trend of holiday tents and yurts
On the one hand, there is an evident effort by the Deputy Ministry of Tourism to upgrade the quality of local hotels and entertainment venues, both in terms of upgrading the building quality, as well...
View ArticleCypriots squeezed out of the property market
Cypriots are being squeezed out of the property market as they can’t afford climbing rents. Hiking construction costs and interest rates are making homes unaffordable, with the need for the government...
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