Latest Headlines

All reports tagged with: "construction"

Building permits for residential properties down

According to the latest figures from the Cyprus Statistical Service (CYSTAT) building permits for the construction of 1,252 residential properties were authorised in April 2009; down by almost a quarter on the 1,658 authorised in April last year.

Sea caves destroyed by developer

Developers in Cyprus are causing irreparable damage to the natural environment and seem intent on destroying the very reasons people come to live on the island in their endless quest for money.

September start for Limassol marina

According to the Mayor of Limassol, Andreas Christou “The construction of the Limassol Marina is of national importance to Cyprus as it will benefit the city’s trade and economy”.

Cement sales confirm property problems

Further confirmation that the Cyprus property and construction sectors are facing serious problems came today with the release of domestic sales figures for cement by the Cyprus Statistical Service (CYSTAT).

Real estate needs to go back to basics

In this time of great economic uncertainty and lack of liquidity, many real estate companies are looking for ways to effectively manage risk, streamline operations, and enhance their business relationships

Paphos marina on hold

A LEGAL battle has erupted over the tendering process for the new Paphos marina at Potima Bay area of Kissonerga that may result in its construction being put on hold. The Pandora Group (Leptos) was awarded the contract last June following a hotly contested bidding process with Aristo and Pafilia. But Aristo, the runner-up in […]

Cyprus building standards

A LETTER in the Cyprus Mail tells the story of a Brit who moved to Cyprus and bought a newly-built house. The property looked impressive, but after a year or two it had serious damp problems and a number of alarming cracks appeared. A neighbour was a former builder who had seen the house being […]

Building permit numbers up in October

ACCORDING to the Cyprus Statistical Service (CYSTAT), there was a small increase in the number of building permits issued in October 2008 compared with the number issued in October 2007. 844 building permits were issued during October 2008, up 47 on last year. These building permits provided for the construction of 2,088 dwelling units, which […]

Property secrets

Municipalities refusing to disclose information about planned development projects to interested citizens are breaking the law, according to the ombudswoman Iliana Nicolaou. The right of access to public records is enshrined in the Constitution.

Larnaca, Paphos and Limassol marinas delayed

ACCORDING to reports in the local press work on three new marinas in Cyprus has been delayed. The marinas affected are in Larnaca, Paphos and Limassol. In July it was announced that the contract for the Larnaca marina had been awarded to the Zenon Consortium. Following this announcement objections were raised by the unsuccessful bidders […]

Back to top