Cyprus Land Development Corporation signs contract for Adonis III housing project

On Friday, April 3, 2026, the Cyprus Land Development Corporation (KOAG) signed a contract with A. Aristotelou Construction Ltd to implement the Adonis III housing project. Located on Kantara Street in Polemidia, the development will consist of 29 three-bedroom semi-detached houses. This project is part of the organization's affordable housing program. The design was selected through an architectural competition and emphasizes modern aesthetics and functional spaces. Each unit is rated with energy class A and includes a photovoltaic system, thermal insulation materials, and external wall insulation systems. Additionally, the development features covered parking and video intercom systems for enhanced security. Pricing information and the formal application process for potential buyers are expected to be announced in May 2026.