Tax reform: All the changes for rental payments – What are the deductions on insurance premiums
Cyprus tax reform 2026 brings major updates to rental payments and insurance deductions. From July 2026, cash rents end completely. Landlords gain new tax breaks like €500 home insurance deductions while rental income skips SDC but faces income tax and GHS. No More Cash Rent Payments from July 2026 Under Cyprus tax reform 2026, all rent collections […]
Cypriot city of Larnaca wins bid to become European Capital of Culture 2030
Larnaca Capital of Culture 2030: Bright Future Awaits Larnaca Capital of Culture 2030 ushers in an exciting era for our coastal gem and its thriving property landscape. This landmark achievement spotlights residential opportunities for savvy buyers and expats alike. Moreover, global recognition promises lasting value growth in Larnaca neighborhoods. Securing the Larnaca 2030 Culture Title […]
Cyprus gets ever closer to Schengen
Cyprus Schengen accession has entered a decisive stage as a team of around 25 European Commission evaluators carries out final checks on the island. The delegation includes experts from several EU member states, police officials, and representatives from Frontex. The evaluators aim to confirm whether Cyprus has met all requirements under the Schengen acquis. Their […]
Cyprus aims for Schengen membership by 2026
Cyprus Schengen membership is moving closer to reality as the government reports strong progress in Brussels. The renewed momentum highlights how Cyprus Schengen membership is becoming a strategic priority for both national authorities and EU partners. EU Meetings Strengthen Confidence Deputy Minister for Migration Nicolas Ioannides travelled to Brussels for a high-level meeting with European […]
Larnaca expected to have strong winter tourism season
Strong Outlook for Larnaca Winter Tourism Larnaca winter tourism is on track for steady growth in 2025. Hotels across the city will remain open during the colder months, showing confidence in year-round demand. Moreover, the Larnaca Hoteliers Association president, Marios Polyviou, highlighted that the United Kingdom, Israel, and Poland remain the three most important winter […]
Larnaca starts eight major projects worth €400 million
The Larnaca District Local Government Organisation has announced eight major infrastructure projects worth €400 million, focusing on sewage systems, flood protection, and sustainable water management. Currently underway is Phase III of the sewage system, costing €110 million and funded by the EU’s THALEIA 2021–2027 programme, covering Dromolaxia-Meneou, Kiti, Pervolia, and Tersefanou, with completion set for […]
Huge Interest in Developments in Larnaca: Urban Planning Applications Surge by Over 70% in the Last Four Years
Larnaca is experiencing a remarkable boom in construction and development, with urban planning applications in Larnaca 2025 reaching 1,295 in the first seven months — a 53% increase compared to 2024 and a 73% rise since 2022. The surge highlights growing demand for residential and commercial projects across the city and district. According to the […]
Land of Tomorrow Launches Sales in Larnaca – Petrolina Group Unveils €45M First Phase
Land of Tomorrow Larnaca
Rental Map of Cyprus: From €989 in Larnaca to €7,750 in Limassol
Cyprus Rental Market Sees Seasonal Surge in Demand – July 2025 Overview The Cyprus rental market has undergone notable shifts this July, according to a new report by Landbank Analytics. Drawing from data collected across major property listing platforms, the analysis offers a clear snapshot of rental availability and average asking prices across the island’s […]
New five-story hotel unit in Larnaca
A new hotel development is set to launch in a thriving tourism zone, featuring 182 beds and a wide array of high-end facilities. Designed for leisure and wellness tourism, the hotel will include a restaurant, bar, cafeteria, spa, gym, and dual swimming pools (indoor and outdoor). It’s strategically built to support year-round operation, with amenities […]