Larnaca

Is it worth investing in gated projects?

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Is it worth investing in gated projects?

Gated projects in Cyprus have become increasingly popular due to the rising crime rates and the need for increased security. These projects offer a sense of added security and privacy, discourage unwanted visitors and traffic, and can be equipped with cameras for added security. However, there are some drawbacks, including the initial cost and maintenance expenses, the potential for visitors or maintenance workers to bypass the gate, and the inconvenience of being locked out if the gate malfunctions. The article suggests a suitable system for gated projects, including an electrically controlled gate with a code and remote control, an intercom system, a manual override in case of power failure, and a sensor for automatic opening. The author also advises homeowners to consider additional security measures such as aluminum shutters and burglar alarms. Overall, gated projects provide added security but come with some challenges.

These are the six chosen ones of the EDEK European ballot

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These are the six chosen ones of the EDEK European ballot

The Political Bureau of EDEK has decided to form the EDEK ballot for the European Parliament elections. The candidates for EDEK MEPs are: Nikos Anastasiou, Mayor of Polemidia, President of the EDEK District Committee of Limassol; Andreas Apostolou, MP of Larnaca; Pantelitsa Giokka, Philologist; Vivian Kanari, Journalist; Elias Myrianthous, MP of Paphos; and Nicholas Philippou, General Director of PASYKAF. The final ballot will be ratified at the EDEK National Conference on Sunday, February 11th.

Cultural issues on the agenda of the Mayor of Larnaca and the Bulgarian Ambassador

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Cultural issues on the agenda of the Mayor of Larnaca and the Bulgarian Ambassador

The Mayor of Larnaca, Andreas Vyra, and the Ambassador of Bulgaria, Nedelcho Danchev, discussed social and cultural issues related to the Bulgarian community in Cyprus. The meeting also addressed the organization of the 3rd Bulgarian Folklore Assembly "TA Bulgari – Cyprus and Friends – 15 years". The event will take place on October 5th under the auspices of the Vice President of the Republic of Bulgaria, Iliana Yotova, and with the support of the Municipality of Larnaca.

Short-term rental properties becoming more popular in Cyprus

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Short-term rental properties becoming more popular in Cyprus

Short-term rental properties are becoming increasingly popular in Cyprus, with both travelers and locals opting for them. Yiannis Kotzias, the general manager of operations at Phaedrus Living, has stated that this trend is in line with the global increase in short-term rentals, especially given Cyprus’s status as a tourist destination. The growth of this market is driven by investors purchasing or building properties to rent out short-term, seeking higher returns compared to long-term rentals.

Statistics from AirDNA show that as of late January 2024, there were over 15,400 active short-term rental properties in Cyprus. The number of these properties has increased annually in major cities: Nicosia by 25%, Limassol by 17%, Larnaca by 9%, and Paphos by 3%. The average annual income from short-term rentals varies by city, with Nicosia at €13,500, Limassol at €26,200, Larnaca at €18,300, and Paphos at €24,800. Higher returns are noted in popular summer destinations like Protaras and Ayia Napa, with average annual incomes of €61,300 and €46,200, respectively, and in Peyia, known for its sunset views, with an average income of €55,800.

Short-term rentals offer flexibility to property owners and investors, including the ability to adjust prices during peak demand and to use the property for personal vacations. To mitigate investment risks and manage seasonality in tourism, investors often diversify property locations. Strategic marketing and positive guest reviews can enhance investor returns.

Investors are increasingly relying on specialized management companies to handle operational tasks like cleaning, maintenance, and repairs, which can improve returns on investment. With the expected growth in tourism, the demand for short-term rentals is anticipated to rise, leading to a competitive market where property owners and investors must adapt to maintain and increase their income.

Possible power outages in Larnaca, Nicosia, El. Famagusta

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Possible power outages in Larnaca, Nicosia, El. Famagusta

The Electricity Authority of Cyprus (EAC) is urging consumers in the areas of Larnaca, Nicosia, and Famagusta to limit their use of electricity. This is due to a serious fault that has occurred at the Dekelia Power Station, which may result in brief power outages in these areas. The EAC apologizes for any inconvenience and assures that efforts are being made to restore the fault as quickly as possible. Additionally, consumers are advised to minimize their use of electricity, particularly during peak hours, to reduce the chances of planned power cuts.

Possible power cuts across much of island

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Possible power cuts across much of island

The Electricity Authority (EAC) warned of potential power outages in parts of the Larnaca, Nicosia, and Famagusta districts due to a serious failure of a generator at the Dhekelia power station. The outages are expected to be intermittent and short, lasting up to 30 minutes. This was the second consecutive day such a warning was issued. The EAC apologized for any inconvenience and is working to resolve the issue. They also urged consumers to limit electricity use, especially during peak hours between 6pm and 9pm, and advised properties with backup generators to ensure they are operational.

Another pro-Palestine protest held in Nicosia

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Another pro-Palestine protest held in Nicosia

The latest pro-Palestine protest in Cyprus occurred in Nicosia’s central Eleftheria square on a Saturday. The protest organizers claimed that nearly 27,000 Gazans had been killed by Israel since October 7 of the previous year. They criticized the European Union and other Western powers for choosing to defund the UNRWA after some members were accused of involvement in Hamas attacks on Israel on October 7. The protesters demanded an immediate permanent ceasefire, an end to the blockade of humanitarian aid to Gaza, and for Israel to stop its actions in the West Bank. This protest followed a statement from the Palestinian embassy in Nicosia expressing disappointment with the Cypriot foreign ministry’s description of the genocide charges Israel faces at the International Court of Justice as “inaccurate.” Ministry spokesman Theodoros Gotsis had referred to the Palestinian casualties as “collateral damage,” which was met with a strong response from ambassador Abdallah Attari. Pro-Palestine protests have also occurred in other Cypriot cities and at British military facilities.

Restaurant review: Masti Indian Bar and Restaurant, Larnaca

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Restaurant review: Masti Indian Bar and Restaurant, Larnaca

– Masti Indian Bar and Restaurant is a new dining establishment in Larnaca.
– The restaurant is located along the seafront stretch extended towards Makenzie.
– It has a modern interior with elements of Indian culture and tradition.
– The menu includes classic Indian dishes with variations suited to the meat they are made with.
– The restaurant offers unique dishes such as keema tacos and Chicken Korma made with chicken dumplings.
– The restaurant’s staff has knowledge of the menu and can assist customers with their choices.
– Menu items include Poppadoms, Chilli Chicken, Lamb Rogan Josh, Delhi Butter Chicken, Karahi Chicken, pulao rice (mushroom and regular), and both chilli and garlic naan.
– The restaurant uses high-quality ingredients.
– Desserts include Masti lemon cheesecake among other options.
– The restaurant’s address is 8 Piale Pasa, Larnaca.
– Operating hours are from 12:30 to 02:00, with the kitchen open until 23:30.
– Contact number for the restaurant is 24 333633.
– Prices for lamb dishes are €16, chicken dishes €15, rice €5-6, and desserts €8.

Dhekelia residents threaten to shut down power station

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Dhekelia residents threaten to shut down power station

Residents near the Dhekelia power plant have threatened to shut down the station due to unfulfilled promises of its closure by 2019. Community leaders from Ormidia and Xylotymbou have expressed dissatisfaction with the compensation provided since 2016, which was contingent on the plant’s closure by 2019. Ormidia’s community leader, Christofis Kasiaouris, highlighted the frustration of the area’s 20,000 residents, as the power station continues to operate. Xylotymbou’s community leader, Kyriacos Papageorgiou, disagreed with plans to upgrade and keep the power station operational until 2029. The Electricity Authority of Cyprus (EAC) has plans to install two new internal combustion engines at the plant, which has a capacity of 460 MW and is located about 15 kilometers east of Larnaca. Alexis Michaelides of the EAC stated that new compensation for the communities would be considered once the upgrade is confirmed. Ormidia has received €1 million, and Xylotymbou has received €200,000 in compensation for infrastructure projects. The House energy committee chair, Kyriacos Hadjiyiannis, mentioned the power plant’s adverse health effects on residents, and Akel MP Andreas Pashiourtides suggested that compensation should be similar to that given to residents near the Vasiliko power station.

Dhekelia residents threaten to shut down power station

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Dhekelia residents threaten to shut down power station

Residents near the Dhekelia power plant have threatened to shut down the station due to unfulfilled promises that it would cease operations by 2019. The plant’s operation and its effects on nearby communities were discussed in parliament, with community leaders from Ormidia and Xylotymbou participating. These leaders expressed dissatisfaction with the compensation provided since 2016, which was given with the expectation that the plant would close by 2019. Ormidia’s community leader, Christofis Kasiaouris, highlighted the frustration of the area’s 20,000 residents over the continued operation of the power station. Xylotymbou’s community leader, Kyriacos Papageorgiou, disagreed with plans to upgrade the plant and keep it operational until 2029. The Electricity Authority of Cyprus (EAC) has proposed installing two new internal combustion engines at Dhekelia, which is one of three EAC power plants and has a capacity of 460 MW. Alexis Michaelides from the EAC suggested that new compensation for the communities could be negotiated once the upgrade is confirmed. Ormidia has received €1 million in compensation for infrastructure projects, while Xylotymbou has received €200,000. The chair of the House energy committee, Kyriacos Hadjiyiannis, noted the plant’s impact on health, stating that pollution is tangible in the area. Akel MP Andreas Pashiourtides argued that compensation to these communities should be comparable to that given to residents near the Vasiliko power station.