Housing crisis

Economy

Middle class pushed towards flats as houses become luxury

The floor area of flats licensed in Cyprus has risen by 1,112 per cent in a decade, while the...
Local

Red tape stalls planning amnesty as regional councils backlog 1,800 applications

Thousands of property owners across Cyprus remain trapped in bureaucratic red tape a year after the government’s planning amnesty...
Economy

Abandoned but valuable: what Cyprus could do with 30,000 empty buildings

Cyprus has around 30,000 buildings that are effectively uninhabited yet could be repaired and brought back into use to...
Economy

23 months of work needed for a home deposit in Cyprus, report finds

Cyprus records one of the lowest housing cost burden rates in Europe, though saving a deposit for a home...
Economy

Apartment permits jump 86% as construction speeds up

Authorities issued permits for 5,184 apartment units in the first four months of 2026, up 85.9% from 2,789 in...
Op-eds

Housing ‘social policy’ anomaly restored

By Panayiotis Iona* Every now and then, a single phrase hidden away in legislation explains an entire legal regime. One such...
Economy

Why isn’t Cyprus’s cost of living coming down?

Fuel, food and housing costs are keeping inflation high in Cyprus and maintaining pressure on the cost of living,...
Economy

Apartments outpace houses as Cyprus property prices reach record highs

Apartment prices in Cyprus hit a record high in the first quarter of 2026, surpassing the peak recorded during...
Local

Fire damages abandoned Paphos home used by homeless individuals

The Fire Service responded to an emergency call early Saturday morning after a fire broke out at an abandoned...
Local

Financial Ombudsman freezes 136 primary home foreclosures over two years

The Financial Ombudsman intervened to freeze 136 primary home foreclosure cases over the past two years, despite having no...
World

EU offers empty rhetoric on housing crisis, leaving youth stranded without funding

The European Union is seeking zero-cost structural solutions to the affordable housing crisis squeezing young people, aiming to keep...
Economy

Cyprus rents exceed young couples’ monthly salary — and they keep rising

Rents in parts of Cyprus have surpassed the monthly salary of many young couples trying to start out on...
Local

Severe social crisis looms over mass evacuations of dangerous buildings in Cyprus

Urgent enforcement of dangerous building legislation by District Self-Governance Organisations (EOAs) risks triggering a massive social crisis, exposing...
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