Alpha News

Housing Policy a Top Priority

Published January 16, 2026, 19:27

The Cypriot presidency has placed housing policy as one of its main priorities. The Minister of Interior, Konstantinos Ioannou, emphasized the need for a coordinated European response to ensure affordable and sustainable housing. Cyprus has developed a comprehensive housing policy focused on affordability, through increasing the housing stock and facilitating citizens' access to housing. Measures taken include reducing license approval times, introducing incentives for builders and programs such as 'Build to Rent'. In addition, a project is starting to develop affordable rental housing on state land. Cyprus will host an Informal Ministerial Meeting on Housing on May 11 and 12, with the aim of promoting the European Plan for Affordable Housing.