Spain’s decision to impose steep taxes on non-EU property investors using platforms like Airbnb has sparked debate over whether countries like Cyprus and Greece will benefit from the shift in demand.
‘Extreme’ tax hike plan shock for Brits looking to buy or sell a home in Spain
Spain’s plans for an ‘extreme’ tax hike on Brits’ holiday homes could see many look elsewhere for their dream home abroad, with experts suggesting alternatives such as Cyprus and Greece …
Construction output in Cyprus rises 6.5 per cent in third quarter
The Construction Production Index in Cyprus reached 110.92 points in the third quarter of 2024, with 2021 acting as the base year set at 100 points. This marks a 6.5 per cent increase compared to the …
Cyprus government staff reaches 55,248 in 2024
The number of government employees in Cyprus has experienced an increase over recent years, according to a report released on Monday by the state’s statistical service. Specifically, the total number …
Paphos tops short-term rental charts in Cyprus
The number of short-term rental properties has seen significant growth across Cyprus, according to data shared with the House of Representatives by the Deputy Ministry of Tourism. Deputy Tourism …
‘Cyprus must adapt to climate and traveller preference shifts’
Hermes Airports CEO Eleni Kaloyirou on Friday said that Cyprus needs to adapt to evolving travel trends and transportation demands, particularly as climate change and shifting traveller preferences …
‘Cyprus must adapt to climate and traveller preference shifts’
Hermes Airports CEO Eleni Kaloyirou on Friday said that Cyprus needs to adapt to evolving travel trends and transportation demands, particularly as climate change and shifting traveller preferences …
Instant payments now available across Cyprus
The Central Bank of Cyprus (CBC) announced this week that it has started to accept instant payments on behalf of itself and its clients, including certain government departments and state …
Cyprus beer exports see 8.9 per cent growth in 2024
Beer deliveries in Cyprus grew by 1.8 per cent in 2024, reaching a total of 42.9 million litres, according to figures released on Thursday by the Cyprus Statistical Service (Cystat). Domestic beer …
Cyprus posts €1.4 billion surplus in 2024
Cyprus posted a historically high surplus of €1.42 billion between January and November 2024, equivalent to 4.2 per cent of GDP, according to preliminary data from the Cyprus Statistical Service …