Developers crushed under soaring costs

The construction industry is suffering as the price hike of raw materials continues, with developers crushed under higher costs as they are deprived of Russian money. Developers say some private projects in

Cost of building materials sky high

The cost of building materials in Cyprus continues to skyrocket, making it harder for the real estate and construction sectors to recover after the scrapping of the ‘golden passports’ scheme, having suffered

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Hike in building costs threatens recovery

Real estate and construction stakeholders want the government to soften the blow delivered by an “abnormal” increase in construction costs, warning that development could screech to a halt. A leading developers’ lobby

Cost of building materials skyrockets

The cost of building materials in Cyprus has skyrocketed this year, making it harder for the real estate and construction sectors to recover after the scrapping of the ‘golden passports’ scheme and

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