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All reports tagged with: "construction"

Building permits for Cyprus residential property falls

Figures released today by the Cyprus Statistical Service (CYSTAT) show that building permits for the construction of 1,161 residential properties were authorised in July 2009; down by nearly 40% on the 1,925 authorised in July last year.

Golf course at Ayia Napa

The construction of a golf course at Ayia Napa on the east coast of Cyprus will be good for tourism and boost the area especially during the winter months, when the island offers good weather compared to northern European countries.

Report on destruction of sea caves at Paphos

As well as causing irreparable damage to the sea cave rock formations at Peyia in Paphos, large pipes have also been laid going into the sea. Inspectors need to visit Chlorakas, Peyia, Emba and Kissonerga on a daily basis and carry out extensive checks.

Cyprus construction sector shows signs of recovery

According to the latest figures from the Cyprus Statistical Service (CYSTAT) building permits for the construction of 2,125 residential properties were authorised in June 2009; up 28% on the 1,659 authorised in June last year.

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 […]

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