First Limassol affordable housing apartments now due in early summer 2027

Limassol, Cyprus. The first 36 apartments in Limassol’s affordable housing project are now expected to be completed in early summer 2027 following minor delays, mayor Yiannis Armeftis said on Wednesday. The apartments are the first phase of a joint project between Limassol municipality and the Cyprus Land Development Corporation (Koag) in Ayios Nicolaos.

Construction progress

Armeftis visited the construction site on Ayias Aikaterinis street on Wednesday morning with Koag’s new board of directors to review progress and completion deadlines. He told the Cyprus News Agency that the visit was intended to assess the work and confirm the revised timeline.

Existing buildings were demolished and their residents relocated to allow the first phase to proceed, Armeftis said. The same process will follow for the remaining properties to make way for three more apartment buildings.

Koag chairman Nicolas Diomidous said work on the first phase, which consists of 36 two-bedroom apartments, was progressing well despite some difficulties. The original completion target was March 2027, but he described the delay as relatively minor and said engineers and technical staff were working to keep the project on schedule.

Further phases

Construction of three additional six-storey apartment buildings can begin once the first phase is completed. Armeftis said the project would provide 136 apartments in total, while Diomidous gave the figure as 138.

Diomidous said the project aims to help low- and middle-income households secure accommodation at affordable rents.