New Affordable Housing Project in Strovolos
September 3, 2025
The Cyprus Land Development Corporation (CLDC) is embarking on a new affordable housing project in Strovolos, supported by the Ministry of Interior. The project includes the construction of two buildings with a total of 54 apartments, expected to be delivered within three years. The Ministry of Interior has pledged 12 million euros for the project's financing. Additionally, further projects are planned in Limassol to enhance the availability of affordable rentals. A crucial aspect is securing funding for CLDC after its previous financial difficulties.