Reconstruction, Repair / Reinforcement and Radical Improvement of Houses and Apartment Buildings of Government Settlements Program is Actively Promoted in Cyprus

На Кипре активно продвигается программа «Реконструкция, ремонт и благоустройство домов в государственных поселениях»
10 June 2021 DOM LiVE
1300

The head of the Cyprus Department of Town Planning and Housing Kyriakos Koundouros and the director of the Miltiades Neophytou Civil Engineering Contractors & Developers Ltd Miltiades Neophytou signed an agreement on the construction of 7 apartment buildings in the government village of Agios Mamas in Nicosia.

The event took place at the head office of the Department of Town Planning and Housing.

The project cost is estimated at €1,271,499.90 excl. VAT. The implementation period is 18 months.

During the event, Koundouros said the new project will be carried out thanks to the program "Reconstruction, Repair / Reinforcement and Radical Improvement of Houses and Apartment Buildings of Government Settlements", which was launched in 2000.

На Кипре активно продвигается программа «Реконструкция, ремонт и благоустройство домов в государственных поселениях»

As you may know, the program covers 8 neighborhoods of the country: Pano Lakatamia, Strovolos II, Agios Pavlos and Agios Mamas in Nicosia, Agii Anargiri I in Larnaca, as well as Agios Athanasios, Makarios III and Linopetra in Limassol.

The renovation includes the construction of a total of 184 apartment buildings and 2,655 houses that will meet the needs of the beneficiaries of these settlements, as well as young couples looking for housing.

Within the framework of the program, in accordance with the decisions of the ministers, some projects worth about €140 million have already been implemented. They concerned the construction of 45 multi-apartment buildings and 187 private houses, as well as the modernization of 50 multi-apartment buildings and 2,200 private houses.

Previously, the Cyprus Department of Town Planning and Housing also entered into an agreement with Zemco Construction Ltd for the demolition of old and construction of two new multi-family buildings in the Strovolos II area in Nicosia. The cost of this project was €2,269,904.16 incl. VAT.

By the way, at this stage, it is also planned to build eight more apartment buildings: 1in the government village of Strovolos II, 5 - in Agios Mamas and 2 - in Agii Anargiri I, as well as renovation of 96 houses in the settlement of Agios Mamas.

According to the plans of the Cyprus Department of Town Planning and Housing, these projects should be completed between 2021 and 2024. Also, within the framework of the Program, the possibility of construction of five apartment buildings and renovation of 95 houses in various regions of the island is under consideration.

Are you looking for accommodation in Cyprus? Take a look at the DOM Real Estate. The website also has over 20,000 real estate properties in the country, both residential and commercial. Choose and contact professionals who will help you make the right choice!
Source: pio.gov.cy
Photos: pio.gov.cy, pixabay.com
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