Short-term rentals driving housing crisis

Cyprus is not as drastic as Barcelona but locals are still being priced out of housing market

While Cyprus is not at the stage of the recent protests in Barcelona, the surge in short-term rental properties offered through platforms like Airbnb and Booking.com is posing significant challenges to the local hotel industry and rental markets.

Some view this trend as an inevitable evolution of the tourism sector, but others warn of its disruptive potential and call for urgent regulatory action.