Philenews

Developers Invest in Occupied Saint Ambrosios

Published February 23, 2026, 14:07
Developers Invest in Occupied Saint Ambrosios

In the occupied territories, the company “Evergreen Developments Group” is promoting a large construction project, “Habitat,” in Saint Ambrosios. The project, developed on an area of 268,000 sq.m., includes an 11,000 sq.m. commercial pedestrian zone and 1,453 residences. Additionally, it will include 600 studios and 1+1 apartments with professional management and a 10-year guarantee, as well as a riding school, college, hospital, and bank. This project, which invests in stolen properties, is causing strong reactions due to the illegal occupation of the area and the exploitation of the properties of the rightful owners. This investment is part of a broader effort to consolidate the presence of Turkish Cypriots in the region.