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All reports tagged with: "rent"

Highest property prices and rents in Limassol

Limassol is where rental and property prices are the highest in Cyprus according to a recent report by DANOS International Property Consultants (DANOS/BNPPRE) due to tourism and Airbnb-type rentals.

Warnings of further rent rises in Limassol

Further rent rises in Limassol are expected as thousands of construction workers needed to complete numerous projects will require accommodation in or near the city pushing rents up even higher.

High rents and homelessness

A rise in already high rents and an increase in the number of homeless people has led parliament to urgently call on the government to intervene and provide solutions to problems caused by high rents, especially in Limassol.

Probe into sharp rent rises

The House Interior Committee is to look into the sharp rises in rents amid reports of a family has been made homeless because rents are too expensive and another evicted so the landlord could triple the rent.

Bill to tax Airbnb rents to go to plenum

A bill designed to regulate and tax the rental income on an estimated 40,000 short term Airbnb style properties in Cyprus should be presented at a plenary session of the Cyprus parliament within the next two weeks.

Limassol high rents protest

Hundreds of mainly young people carrying banners and slogans staged a protest in Limassol against the large increases in rents for homes and apartments, which makes it almost impossible to rent.

Rent scam suspects detained in Limassol

Two suspects in Limassol have been remanded in custody for four days on suspicion of operating a rent scam following complaints from tenants who’d been paying €800/month for the last four months.

Limassol rent price protest

Around 1,000 Limassolians and others are expected to gather outside the Limassol District Administration Offices in Anexartisias Street to protest against the exorbitant rent prices in the town.

Taxing Airbnb property rental income

The practice of renting properties in Cyprus through Airbnb and other websites has come under the scrutiny of the tax authorities who are looking to address the problem of tax evasion on rental income received.

Limassol rent rises spiral upwards

Property rents in Limassol have increased by around 25 per cent over the past two years, much higher than other cities in Cyprus resulting in many locals being priced out of the market.

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