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Statistics

Fewer building permits but strong growth in area and value

The number of building permits issued in Cyprus declined during the first eight months of 2025 compared to the...
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Grey future for Latchi

Where there is no enforceable law, there exists no wrong. That is precisely what is happening at the very...
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Cyprus fast-tracked 1,300+ permits under new licensing scheme

Despite ongoing backlogs faced by the building permit authorities, new tools introduced over the past year have significantly speeded...
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Construction costs for houses, apartments, hotels, etc.

When it comes to construction costs, the focus often falls on the price per square metre for building a...
Legal Matters

No tender, no permits, no problem!

In a damning indictment of public sector mismanagement, Cyprus' Auditor General has exposed a €1.5 million renovation project without...
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Property and construction firms top Cyprus political donations

Between 2016 and 2021, property development and construction companies emerged as the leading source of corporate donations to political...
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What a mess in Latchi: my thought of the day!

What Incompetence! Corruption and probably cover-ups, backhanders and a bureaucratic nightmare with everyone passing the decision-making process down the...
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Government launches fast-track building licence process

The government has introduced a fast-track process for issuing building licences for certain residential units, aiming to cut bureaucracy...
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Man found guilty of property fraud jailed for seven years

A 62-year-old man has been jailed for seven years after being found guilty of fraud after promising individuals to...
Statistics

Construction materials prices edged down in October

The Price Index of Construction Materials for October 2024 reached 117.18 units (base year 2021=100), recording a fall of...
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Ban construction within 100 metres of coastline

The Environment Commissioner Antonia Theodosiou has proposed a ban on construction within 100 metres of the coastline. Speaking at a...
Statistics

Construction material prices fell slightly in September

The Price Index of Construction Materials for September 2024 reached 117,27 units (base year 2021=100), recording a decrease of...
Latest News & Updates

Planning permission axed for low-risk developments

As of October 2, Cyprus will axe the requirement to obtain planning permission for low-risk developments, such as the...
Statistics

Building permits on the rise in February

The number of building permits in Cyprus issued by municipal and district authorities rose to 706 in February, up...
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Measures to boost construction sector efficiency

Interior Minister Constantinos Ioannou addressed the 18th Real Estate, Land Development, Planning, and Construction Conference on Wednesday, outlining recent...
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Alarm bells as property construction stretched

Market insiders warn the economy could be overheating, as the island looks like an extensive construction site, driven by...
Articles

Construction sector key to Cyprus’ economic growth

Cyprus Land and Building Developers Association (LBDA) president Michalis Hadjipanayiotou on Thursday lauded the local property sector's robustness, reflected...
Statistics

Apartment blocks offset decrease in total projects

The Cyprus construction sector saw a 16.5 per cent increase in the total value of building permits during the...
Statistics

Construction material prices up 8.15%

Construction materials prices rose by 8.15% on an annual basis this March but recorded a slight drop compared to...
Articles

Structural Integrity Certificates are essential

The recent earthquakes in neighbouring countries, as well as the aftershocks, felt in Cyprus, have brought to the forefront...
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