Economy · Cyprus
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29 June
The sale of affordable state land plots in Cyprus is expected to begin soon.
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Cyprus is set to revive a program for the allocation of state-owned land plots at affordable prices, nearly 15 years after the initiative was suspended in 2012. The program aims to support citizens in acquiring housing and will be implemented through the Cyprus Land Development Corporation and the Ministry of Interior, which will work with local authorities.
The new scheme will cover various regions across four districts in Cyprus, although specific details regarding the number of plots and the exact locations are still emerging. This initiative reflects a broader governmental effort to address housing challenges and facilitate access to homeownership for the public. Further announcements are expected to clarify the timeline for the availability of these plots.
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