The number of building permits authorised during May 2025 stood at 607 compared to 709 in May 2024, registering a decrease of 14.4%, CySTAT has reported.
In a press release, it said that the total value of these permits reached €315 million and the total area 261.6 thousand square metres. These building permits provide for the construction of 1,163 dwelling units.
During the period January – May 2025, 2,764 building permits were issued compared to 3,254 in the corresponding period of the previous year, recording a decrease of 15.1%. The total value of these permits increased by 15.5% and the total area by 15.2%. The number of dwelling units recorded an increase of 13.2%.
It is noted that as of 1 July 2024, the authority of issuing building permits was transferred from the municipalities and the district administration offices to the newly founded District Administration Offices (DAOs) and the licensing process is performed through the new 'Ippodamos' integrated information system.
(Source: CNA)
