Permits taking longer than construction, Cyprus developers warn

Development licensing delays remain a major obstacle to tackling Cyprus’ housing problem, the Property Developers Association said after a meeting with Limassol district governor Yiannis Tsouloftas, arguing that faster permit approvals are essential to boost supply.

The association said the matter was discussed at a meeting this week, attended by president Yiannis Misirlis, members of its board, and general manager Mersina Isidorou.

During the discussion, it raised what it...