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Cypriot Investment Scheme
Repossession Property Yield Properties

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  • 13 July 2020 Μελέτη για τις περιοχές των Βρετανικών Βάσεων

    Ανακοινώθηκε η περιβαλλοντική μελέτη για... read more

  • 9 July 2020 Cabinet extends town planning incentives

    THE CABINET on Wednesday decided to extend existing town planning incentives... read more

  • 23 June 2020 Historic deal allows property development in British Bases

    CYPRIOTS who own land in non-military areas inside the British Bases will be... read more

  • 9 June 2020 Cyprus beaches have the best water quality in the EU

    Cyprus had the highest proportion of bathing sites with excellent water... read more

  • 28 May 2020 Coronavirus Anastasiades outlines millions to be pumped into the economy updated

    Fortunately, the government is proceeding with helpful measures in order for... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 13 July 2020 Μελέτη για τις περιοχές των Βρετανικών Βάσεων

    Ανακοινώθηκε η περιβαλλοντική μελέτη για... read more

  • 9 July 2020 Cabinet extends town planning incentives

    THE CABINET on Wednesday decided to extend existing town planning incentives... read more

  • 23 June 2020 Historic deal allows property development in British Bases

    CYPRIOTS who own land in non-military areas inside the British Bases will be... read more

  • 9 June 2020 Cyprus beaches have the best water quality in the EU

    Cyprus had the highest proportion of bathing sites with excellent water... read more

  • 28 May 2020 Coronavirus Anastasiades outlines millions to be pumped into the economy updated

    Fortunately, the government is proceeding with helpful measures in order for... read more

Continuation of previous article This is the new Mortgage Policy Beneficiaries Boards

Ministry of Foreign Affairs: Government's aim is to produce 'affordable housing'

   

He said the Council of Ministers decided to increase the rent allowance, given the increase in rents, the province and family composition, and cited an example of a couple with three adult children who will receive a 406 euro subsidy in Nicosia for rent in Limassol 441 euros, Larnaca 350 euros and Paphos and Famagusta 244 euros.

Regarding people with disabilities who are EWC beneficiaries, Ms Emilianianidou said that they have an additional increase of an additional 20 sqm in case of a wheelchair and noted that the total allowance provided is increased by 50% in cases of wheelchair use and by 20% in all other cases.

Beneficiaries of YES

The Minister of Labor said that 788 families are currently supported by the EUSR and include 8,249 adults or minors with disabilities, 2,942 cases of low-income pensioners and 7,376 cases of people aged 55-65.

COG President: 23 units ready in 2021

In addition, KOAG President Marios Pelekanos said two housing programs are under way with the units ready within a two-year period, adding that they are eight in Kokkinotrimithia and 15 in Polemidia. 

He said there were also 171 units that were either designed or licensed and were planned to be built over the next few years and added that the method of producing those units had been diversified to speed up the process without compromising the quality and specifications of the units. works. 
 
He said 63 units are expected to be ready by 2021 and the rest by 2023.

New Program for the Creation of Residential Units by KOAG
To this end, it is expected to make use of the available land owned by KOAG for the first phase of construction of 171 new residential units in Kaimakli, Kokkinotrimithia, Larnaca (Parishes of Agios Nikolaos and Sotiros), Polemidia.
  • Differentiation of production and distribution of housing units for immediate securing and disposal of units.
  • New simplified process of production of residential units.
  • Distribution to beneficiaries on the basis of lists drawn up by the COGC. 
  • Delivery of 171 homes by 2023 (first 63 delivered by 2021).

Tags 

GOVERNMENT 

HOUSING 

ECONOMY 

CYPRUS

PRESENTATION RENT 17.5.19.pdf 379.91 KB

PRESENTATION OF A NEW HOUSEHOLD POLICY FRAMEWORK.pdf 477.65 KB