EU Proposal Could Empower Cyprus to Restrict Short-Term Rentals in High-Demand Areas

EU proposal could allow Cyprus to restrict short-term rentals in certain areas

Cyprus could gain firmer legal ground to restrict Airbnb-style rentals in areas where housing pressure can be proved under a European Commission proposal due later this year, but the island would first have to establish where the pressure exists and how much short lets contribute to it.  The Affordable Housing Act is still being prepared, meaning no […]