The cost of construction materials in Cyprus dipped marginally in October, despite an annual increase, while a standoff in the concrete market could see prices spiralling again. The statistical service said the
The benchmark index for the cost of construction materials in Cyprus, that in addition to market demand also determines the value of newly built residential and commercial properties, saw a minor drop
Title: Beware of Builder Fadi Al Helal (FRAUD ALERT): A Costly Lesson in Trust and Integrity Renovating your home should be an exciting process, filled with the promise of improving your living
The number of building permits issued in June jumped to a post-Covid high of 1,528, triple the monthly average of the past five years, due to growing demand for residential units, as
It is now necessary to introduce the European system of certification of technical competence by craftsmen builders. The situation that prevails today in the construction industry in Cyprus of “you are what
Market insiders warn the economy could be overheating, as the island looks like an extensive construction site, driven by the multitude of projects powered by Israeli investment despite the Hamas war. They
The construction of the liquified natural gas terminal at Vasiliko, Limassol, has been pushed back until the end of July 2024, confirmed Energy Minister George Papanastasiou. However, the minister argued that the
Despite legislation recently introduced to fast-track permits for large construction projects, state services are ill-prepared to respond, argue developers. Developers and industry stakeholders have welcomed the approval of a bill that facilitates
By Moody’s Analytics U.S. homebuilding has found a floor following an almost year-long slide in building activity. Total housing starts ticked higher in April, climbing 2.2% to 1.4 million annualized units. Multifamily
The rising cost of construction in Cyprus, the restriction on the supply of suitable units in residential and central areas, VAT, the lack of titles, etc., have all turned the interest of
