Paphos Life

By Lizzy IoannidouThe Limassol chamber of commerce and industry (Keve) warned this week that rents in the city will continue to spiral, ironically because of the thousands of construction workers needed to complete the many development projects underway, and all requiring housing in or near the city....

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Rent and house prices in Limassol having been rising for a couple of years now, a friend of mine is a developer and for a few years, just froze all of his projects, because there wasn't any demand, he now is on full steam, building on all the land he had , and is buying more land... supply and demand, the good thing is, I have noticed more building work over here in the east, a sure sign that the economy is on the up.