Building Permits in December 2018
The total number of building permits issued in Cyprus in December 2018 was 479 compared with 437 approved in December 2017 (an increase of 9.6%).
Amathusa Coastal Heights 37, 3 bedrooms, 200 meters from the sea ...
AMATHUSA CH F103, 2 bedrooms, 200 meters from the sea ...
Amathusa Coastal Heights 19, 3 bedrooms, 200 meters from the sea ...
Amathusa Coastal Heights 30, 3 bedrooms, 155 m2/416 m2, 200 meters from the sea ...
TATIANA SUITE M, 2 bedrooms, 250 meters from the sea ...
MARIA SUITE M, 2 bedrooms, 250 meters from the sea ...
OLGA SUITE M, 2 bedrooms, 250 meters from the sea ...
Amathusa Coastal Heights J E, 2 bedrooms, 350 meters from the sea ...
Amathusa Coastal Heights, 2 bedrooms, 105 m2, 200 meters from the sea ...
AMATHUSA CH K103, 2 bedrooms, 119 m2, 200 meters from the sea ...
Ilona, 2 bedrooms, 250 meters from the sea ...
The Residence, 3 bedrooms, 148 m2, 100 meters from the sea ...
Coralli House, 3 bedrooms, 148 m2/173 m2, 150 meters from the sea ...
Heavens Villa, 6 bedrooms, 600 m2/2750 m2, 1500 meters from the sea ...
+357 25 351 888 Cyprus
+357 99 727 772 Cyprus
0 808 234 4510 Free call from UK
ORPHEUS GROUP bldg.
12 Christaki Kranou, Potamos Germasogias,
4041, Limassol,Cyprus
Skype: Relux_Estates
[email protected]The total number of building permits issued in Cyprus in December 2018 was 479 compared with 437 approved in December 2017 (an increase of 9.6%).
February showed a sharp increase in real estate sales compared to 2018, according to official data published by the Department of Land Resources and Research.
The construction of the 197-meter Aura tower in Limassol will be at the present site of the Debenhams Olympia shopping center on the seafront road in Limassol.
Between January and November 2018, 5,929 building permits were issued, compared to 5,291 in the corresponding period in 2017; an increase of 12.1%, while their total cost and area increased by 20.9% and 17.1%, respectively.
On February 13, the Government of the Republic of Cyprus approved a number of changes in the Cyprus Investment Program:
A further increase in rents in Limassol is expected, as thousands of workers building numerous projects will need housing in or around the city, which will increase rents even higher.
There is no doubt that the housing market in Cyprus is seriously affected by the global financial crisis and its own banking debt crisis.
The Cypriot Statistics Service (CYSTAT) announced that prices for houses and apartments in Cyprus increased by an average of 0.2% in the third quarter of 2018 compared to the second quarter in the latest housing price index (HPI).
According to the Land Department, the number of sale contracts in December 2018 decreased by 48% compared with December 2017.
On the seafront of Limassol, dotted with luxurious towers and new developments, there is almost no space for new projects, so investors are switching attention to the area between the new marina and the old port.
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