The government of Cyprus announced on Friday, April 23 that from April 26 to May 10, the island will go into one more lockdown.
According to the new rules:
- Curfew extended to 9.00 p.m. to 5:00 a.m., movement around the island during this time is prohibited, except for the following cases: visiting the workplace and back using the employee movement certificate form, contacting a medical center, hospital, pharmacy or veterinarian in case of emergency…
- Private and public gatherings, public or social events are prohibited.
- Only on Easter Sunday, May 2, guests from a maximum of two families can gather in the houses, the number of guests should not exceed 10 people including children.
- It is allowed to leave home only once a day by sending an SMS to 8998. Sending text messages is not required to get the COVID-19 vaccine.
- Church services and other forms of religious worship are allowed to be conducted without the presence of believers, and a maximum of 10 people can attend weddings, baptisms, funerals.
- The presence of believers in places of worship is permitted for the purpose of individual prayer and with a maximum number of 10 people inside.
- Only on May 1, the presence of believers in the courtyard of churches is allowed. Only on Holy Saturday, no more than 50 people are allowed inside the churches. On all other days, the presence of believers in places of religious rituals, both indoors and outdoors, is prohibited.
- On Holy Saturday, May 1, instead of 9:00 p.m., the travel ban begins at 1:00 a.m. On other days, the curfew is in effect from 9:00 p.m.
- The civil offices must work online; a maximum of 20% of employees can be present in offices.
- Private service companies are allowed the simultaneous physical presence of 20% of their staff, with a minimum of 3 employees and a maximum of 25 per company.
- A mandatory weekly express test is introduced for 50% of employees of organizations. It is understood that for companies / services that will have a physical presence of up to five (5) people, the test is mandatory for all five people.
- All restaurants, taverns, breweries, eateries and bars, cafes and restaurants in shopping centers, canteens, cultural clubs, nightclubs, etc. are suspended, with the exception of home delivery and takeaway restaurants.
- The work of open and closed theaters, amphitheaters, cinemas, entertainment halls, bookmakers is suspended.
- The activity of the retail trade is suspended, except for the retail trade of beverages and food, or businesses selling basic necessities.
- The work of gyms and dance schools is suspended. Personal training is allowed in open areas for no more than two people.
- The work of hairdressing salons, barber shops and beauty salons is suspended.
- All group lessons, sports and social activities for children under 18 are prohibited.
- Distance learning is allowed, as well as training with the physical presence of up to two people, including the instructor (1 + 1).
From May 10, 2021, these measures will end.
From May 10, locals and tourists will need to present a negative PCR or express test result no older than 72 hours to visit public places (restaurants, gyms, theaters, retail outlets, etc.). Instead of a test, it can also be a certificate of vaccination with at least one dose at least three weeks before the visit, or a certificate of recovery from COVID-19 in the last three months.
The approved vaccines are in Cyprus and EU: Moderna, AstraZeneca, Pfizer, Johnson & Johnson.
It is worth noting that the new rules will undoubtedly have a negative impact on all areas of activity in Cyprus, including the real estate and construction sector.
The lockdown has not yet entered into force, but the news about it became the reason that many corporate clients who had previously signed contracts for the purchase and lease of residential and commercial real estate, paused payment.
If the lockdown will continue after May 10, the demand for housing in the country may significantly decrease, which will lead to a sharp drop in sales. While local residents are losing their jobs, stable and predictable income, foreign investors are losing interest in Cyprus property due to restrictions.
In such conditions, companies that sell objects according to the old rules will suffer the most. In order for the restrictions not to affect the pace of construction, it is necessary to have a sufficient level of cash liquidity, which, for example, small local developers, for example, can hardly boast of in the current conditions.