The Central Bank of Cyprus has expressed its concern over the soaring price of building materials, sending the cost of construction to skyrocket to new highs and pushing property prices further up.
Two months ago, we published our difference of opinion regarding the Limassol Municipality to undertake an extensive housing development project in collaboration with the Housing Development Organization. This is a dream that
We heard the Limassol Mayor announcing the municipality’s initiative to construct over 600 housing units to alleviate the shortage of housing units, thus helping reduce the sales prices/rental levels. He stated the
Interior Minister Nicos Nouris thanked Poland for donating 80 housing units at a new Reception Centre for Applicants for International Protection, saying it puts EU solidarity into practice. Speaking at the centre’s opening ceremony,
By Nikolas Ioannou Rent Control measures have been applied around the world for many centuries as a part of housing policies to tackle the issue of affordable housing. The basic form of
Government efforts to counter rising rents and homelessness by giving incentives to building developers to put cheaper flats on the market has fallen short. Part of the state’s new housing policy is
. Like many other things most of our lifestyle habits are changing and they now have a cycle. A young couple starts with the acquisition of an apartment 1-2 bedrooms, then depending