Newsroom
For many young couples in Cyprus, owning a home can feel increasingly out of reach. Rising property prices, high rents, and limited housing options have turned what was once considered a basic life milestone into a growing challenge.
Against that backdrop, President Nikos Christodoulides on Tuesday laid the foundation stone for Adonis III, a new affordable housing development in Polemidia, describing housing as one of the government's top priorities.
The Adonis III development will include 29 three-bedroom semi-detached homes...prices will start at €263,500, more than 20% below current market prices in Limassol.
But while the ceremony focused on creating more affordable homes, it was another housing issue that quickly came into the spotlight: concerns from residents living in an earlier phase of the Adonis project who say their homes are located too close to Electricity Authority of Cyprus (EAC) transmission pylons.
Speaking at the event, Christodoulides highlighted the government's efforts to tackle what he called a housing challenge facing not only Cyprus but much of Europe.
The Adonis III development, being built by the Cyprus Land Development Organization (KOAG), will include 29 three-bedroom semi-detached homes. According to KOAG Chairman Theseus Ioannou, prices will start at €263,500, more than 20% below current market prices in Limassol.
The project forms part of a broader government push to increase affordable housing stock across the island.
Christodoulides said the government has accelerated licensing procedures, invested in state land, and introduced incentives aimed at boosting housing supply.
Among the measures already underway are plans for 500 affordable homes for young couples across Cyprus, as well as partnerships with private developers expected to deliver more than 2,500 housing units over the next two years.
"Housing is high on our priorities," the president said, adding that the government is continuing to invest resources and develop new policies to address the housing crisis.
He also pointed to nearly €200 million in housing-related support measures over the past two years, benefiting more than 5,600 people.
The mood at the ceremony, however, shifted when attention turned to residents of the first phase of the Adonis development, who have been protesting over the proximity of their homes to high-voltage EAC pylons.
Residents have voiced concerns about living near the transmission infrastructure and have called on authorities to examine possible solutions.
Christodoulides said he understood those concerns and had already taken steps to address them.
"I spoke to the EAC myself. The meeting was arranged for Friday," he said.
The president said he expects to be briefed by both residents and the area's mayor following the discussions.
"We will do what is necessary," he added.
In a remark likely to resonate with residents seeking answers, Christodoulides said the concerns raised by homeowners were "absolutely justified."
The meeting with the EAC is expected to take place on Friday as authorities and residents seek a way forward.
For many families, the situation highlights a difficult balancing act facing Cyprus: the urgent need for more affordable housing, while ensuring that new communities are built in locations where residents feel safe and confident about the future of their homes.
