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July saw another surge in the building of new homes with a 40.6 per cent increase in the number of building permits issued for their construction compared to the same period in 2016.  Friday 13th October 2017

Filed Under THE NUMBER of building permits authorised in Cyprus during July 2017 stood at 492 compared with the 442 authorised during the same period in the previous year; an increase of 11.3% according to official figures released by the Cyprus Statistical Service.

The total value of these permits reached €202.3 million and their total area reached 176.1 thousand square metres.

During July 2017, building permits were issued for:

  • Residential buildings 356 permits
  • Community buildings 1 permit
  • Non-residential buildings 87 permits
  • Civil engineering projects 13 permits
  • Division of plots of land 27 permits
  • Road construction 8 permits

During the first seven months of 2017 – 3,362 building permits were issued compared to 3,053 during the same period in the previous year; an increase of 10.1% The total value of these permits increased by 49.2% and the total area by 41.6%.

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