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Developers crushed under soaring costs

The construction industry is suffering as the price hike of raw materials continues, with developers crushed under higher costs...
Statistics

Construction materials costs up 19%

The cost of construction materials in Cyprus continues to rise at an alarming rate, with the annual change in...
Statistics

Building permits rise in number, value and area

The number of building permits authorized during January 2022 stood at 535. The total value of these permits reached...
Marinas

Work gets underway on Larnaca marina & port

With a budget of €1.2 billion, works on the Larnaca marina and port development, the largest infrastructure investment in...
Statistics

Upward trend in building materials prices continues

The price of building materials rose by 17.39% in February 2022 compared to February 2021, increasing the pressures on...
Statistics

Building permits fall in value and area

The October 2021 figures show that a total of 663 building permits were authorised during the month; an increase...
Statistics

Building permits increase in area but fall in value

The September 2021 figures show that a total of 768 permits were authorised during the month; an increase of...
Statistics

Construction material prices onwards and upwards

Construction material prices continued onwards and upwards in November as the global economy continues to pick up in the...
Statistics

Construction material prices continue to skyrocket

Construction material prices continued to skyrocket in October as the global economy continues to pick up in the wake...
Statistics

Building permits remained steady in August

The number of building permits authorised in Cyprus by the municipal authorities and the district administration offices during August...
Statistics

Construction costs hike threaten recovery

Real estate and construction stakeholders want the government to soften the blow delivered by an "abnormal" increase in construction...
Statistics

Construction material price hikes continues

The price of construction materials continued to surge in September as the global economy picks up in the wake...
Latest News & Updates

Rising costs push property prices through the roof

Building material prices in Cyprus soared in the first half of the year, sending the cost of construction to...
Statistics

Construction material prices surge

For the second consecutive month, the price of construction materials surged in August 2021 compared to August 2020, recording...
Statistics

Construction material prices escalating

The Price Index of Construction Materials recorded a significant annual increase of 13.6% in July, reaching 114.46 according to...
Articles

Why construction cost skyrocketed & what’s next?

The construction cost in Cyprus has increased abnormally. The recent hike in diesel price has worsened the situation, as...
Statistics

Building of 955 new homes authorised in Cyprus

April 2021 saw another surge in the planned number of new homes to be built in Cyprus according to...
Latest News & Updates

Project to redevelop Moni cement plant

Sarels Ltd. has submitted proposals to the Department of Environment for a project to redevelop part of the site...
Statistics

Building permits record small recovery

The number of building permits authorised in Cyprus during February 2021 stood at 656; an increase of 11% compared...
Latest News & Updates

Limassol high-rise building given green light

News that a 65 metre high-rise building in Limassol has been given the go ahead by the Environment Department. Dasoudi...
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