5 Minute News

Construction of 500 Housing Units for Affordable Living

December 9, 2025

The President of the Republic, Nikos Christodoulides, announced the construction of 500 housing units on state land with a total expenditure of €70 million. The new homes will be offered at affordable rent to families and individuals, focusing on the youth. Additionally, the Minister of Interior introduced a new plan for Collective Accommodation Units aimed at workers in industry, tourism, and commerce. Housing policies are a top government priority, with a focus on creating affordable housing. Housing investments have exceeded €300 million over the past three years.