Cyprus government initiates sale of 523 state-owned building plots

The Cypriot Ministry of Interior has officially launched the application process for 523 state-owned building plots, which are being offered to families at 25% of their estimated market value. The plots are distributed across several districts: 73 in Nicosia, 112 in Limassol, 123 in Larnaca, 184 in Paphos, and 31 in the Famagusta district. For example, in Agia Varvara, plots valued at €52,100 are being made available for €13,000, while in Dhenia, plots valued at €36,500 will cost applicants €9,100.

Eligibility criteria are strict, requiring applicants to be Cypriot citizens, families or single-parent households, and under 45 years of age. Priority is given to residents of the specific community, repatriated individuals, and refugees residing in those areas. Applicants must also reside within a 15-kilometer radius of the community where the plots are located. Officials, including Minister of Interior Constantinos Ioannou and Director of Housing Policy Patrina Taramidou, confirmed that financial and asset checks are mandatory. These include an assessment of existing residential property ownership and any property alienated by the applicant or their parents over the last three years.

This initiative serves as a housing policy measure to support local populations and young families. Interested parties can now submit applications to their respective provincial administrations. Authorities have prepared detailed lists of participating communities to guide applicants through the process.