5 Minute News

New Apartment Offer from the Cyprus Land Development Corporation

April 9, 2025

The Cyprus Land Development Corporation is offering 75 sq.m. apartments for €124,000, while similar apartments on the market exceed €180,000. The Interior Minister announced that 220 housing units will be constructed this year, and the process for subdividing 135 plots will begin. Changes in construction policies may lead to reductions in apartment sizes, but the price-to-size relationship remains uncertain.