Cyprus to build 500 state rental flats at half market rate

Cyprus will build 500 state-owned rental flats and charge tenants less than half the market rate as the government targets young families struggling with housing costs. The €77 million scheme will deliver 300 two-bedroom units, 150 one-bedroom flats and 50 three-bedroom apartments across Nicosia, Paphos, Limassol and Larnaca. The state will retain ownership and award … Continue reading Cyprus to build 500 state rental flats at half market rate