Koag anticipates 244 housing units by end of year

The Cyprus Land Development Organisation (Koag) expects to deliver 244 residences by the end of the year, general director Eleni Symeonidou told the House finance committee on Monday, during discussions on Koag’s budget.

Symeonidou said Koag was focusing on three pillars, the first being traditional housing construction, with 244 units expected by the end of 2026.

The second pillar targets affordable housing, including 138 units in Limassol worth €16 million, and a €12 million project of 54 houses in Strovolos...