Limassol, Cyprus. The government said its licensing reform has reduced approval times for housing developments, with about 3,000 residential units and around 1,000 apartment buildings receiving permits under faster procedures. Interior Minister Constantinos Ioannou said the changes have helped cut delays and improve services for the public and investors.
Reform figures presented
Speaking at the property developers’ association in Limassol, Ioannou described the overhaul as one of the most important interventions undertaken in recent years. He said nearly 3,000 homes were licensed within 40 working days, while about 1,000 apartment buildings received approval within 80 working days.
Digital services and administrative changes
Ioannou said the figures show the effect of new procedures and greater use of digital services. The reforms are intended to modernise public administration and create what he described as a modern, effective and development-friendly institutional framework.
Measures include expanded e-government services and changes aimed at reducing bureaucracy. Ioannou also pointed to changes within the urban planning department intended to improve efficiency, transparency and application processing times.
Link to housing strategy
Ioannou linked the reform to the government’s housing strategy, which aims to increase supply and expand options for younger people and families facing affordability pressures. He said access to quality and affordable housing remains one of the most significant challenges facing Cyprus and other EU member states.
Role of private investment
Ioannou described the property development sector as a constructive partner of the state, saying private investment plays an important role in delivering new housing and supporting economic activity.