Cyprus building material prices rise from last year
Construction material prices in Cyprus have slightly increased year-on-year, despite a minor dip in May 2025, according to the Cyprus Statistical Service. The Construction Materials Price Index stood at 118.92 units in May 2025 (with 2021 as the base year at 100 units), marking a 0.09% decrease compared to April 2025. However, compared to May […]
“Green Light for New University School in Larnaca – President Christodoulides’ Announcement Applauded”
President Nikos Christodoulides officially announced the creation of a new university school in Larnaca, which was warmly received by local officials and the public. The school, under the Cyprus University of Technology (TEPAK), will focus on Marine Sciences, Technology, and Sustainable Development, and will be located in the Mackenzie area. It is set to open […]
Larnaca-Dhekelia coastline
“A journey from industrial hub to innovation” “For decades, the Larnaca-Dhekelia road was a symbol of industry. The rhythmic hum of oil tankers and the silhouette of towering fuel tanks defined this coastal stretch. But today, a new vision rises from its industrial past—a future brimming with possibility. The Lefkaritis Group were the first to […]
Construction Boom in Pyla
“Η Πύλα αυτή τη στιγμή έχει από τους πιο ψηλούς ρυθμούς ανάπτυξης παγκύπρια” ανέφερε στον «Φ» ο πρόεδρος του Κοινοτικού Συμβουλίου, Σίμος Μυτίδης. Νατάσα Χριστοφόρου για Philenews https://www.philenews.com/kipros/koinonia/article/1543133/ikodomikos-orgasmos-stin-pila/
Cyprus Property Market: Steady Growth with Challenges Ahead
The Cyprus property market is expected to experience moderate growth in the coming years, according to an article by Kyriacos Kiliaris from Danos International Property Consultants & Valuers Danos International Property Consultants & Valuers published in the Financial Mirror Financial Mirror. While foreign investment remains strong, rising construction costs and challenges for local buyers are […]
Construction Material Prices in Cyprus Continue to Decline
The Construction Materials Price Index (CMPI) in Cyprus recorded its eleventh consecutive annual decline in June 2024, driven primarily by decreases in metal products and iron. According to data released by the Statistical Service of Cyprus (Cystat), the CMPI for June 2024 stood at 117.47 units (with 2021 as the base year), representing a 0.10% […]