Paphos has made the top 10 of the world’s best locations for buying a holiday home, ranking second behind Venice, according to a study by Australian-based Compare the Market. Already popular with British expats, this new accolade will attract more foreign buyers to Paphos. Paphos secured overall marks of 6.91/10 behind Venice 6.92 and ahead
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Rescue teams searching for a Paphos medical professional have enlisted the help of the army’s special forces and two drones, as the search continues for the second day in the Akamas wilderness. In comments to the Cyprus News Agency (CNA), Paphos Police assistant chief, Michalis Ioannou, said a large-scale search and rescue mission to locate
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According to WiRE FS findings, prices and transaction volume of properties at city centres in Nicosia and Limassol remain stable, as locals, taking advantage of government subsidies, continue to acquire residential real estate. Their focus is mainly apartments, mostly for homeownership but also to generate rental income. Businesses are upgrading their office space requirements, resulting
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Cyprus reported no coronavirus deaths on Sunday for the thirteenth day this month, as October ended with 20 victims and the death toll since the pandemic started unchanged at 574. After a record 80 deaths in August, the number dropped to 40 in September. The number of hospitalisations rose marginally to 61 from 58, and
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Medical manufacturing giant Samsung Healthcare is pitching for a record €6 mln deal to supply 55 ultrasound units to state hospitals, the biggest contract of its kind in Cyprus and Europe. The tender was posted on the government’s eProcurement platform, and offers are expected to be submitted by the end of the year. This follows
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I’m not sure what local democracy looks like from where you are sitting, but in Cyprus, power is kept in a jar where only the elite can wet their whistle. Cyprus advocates Big Brother politics, where everything is controlled by a bureaucracy that extends no further than its nose. Power has yet to evolve to
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Real estate and construction stakeholders want the government to soften the blow delivered by an “abnormal” increase in construction costs, warning that development could screech to a halt. A leading developers’ lobby group has warned the government that many projects will be put on ice if action is not taken, halting the country’s recovery following
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The Cyprus forex industry is going through another round of soul-searching in response to recent investigations by Israeli authorities and the FBI into fraudulent trading methods. Already, the financial regulator and watchdog CySEC has suspended two major financial firms, resulting in which 2,500 people have lost their jobs – on the trading floor and in
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Cyprus registered its highest daily coronavirus death toll on Saturday since mid-September, with three fatalities taking the total since the outbreak began to 574. Despite the three deaths – three men aged 73,75, and 81 – October has had 12 days without recording any victims. However, the number of hospitalisations dropped marginally to 58 from
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Hundreds of protestors rallied in Cyprus on Saturday against corruption scandals swirling around the government after the president was mentioned in the Pandora Papers. Around 2000 gathered in an anti-government demonstration in the capital Nicosia organised by the main opposition party communists AKEL. Protesters called on the “corrupt” government led by President Nicos Anastasiades to
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