Building permits decline 0.5% y-o-y in January
11:11 - 11 April 2024
The number of building permits issued in Cyprus declined by 0.5% year on year in January 2024, according to Cystat.
The total value of the issued permits dropped by 8.3% and total area declined by 2.4%, while the number of dwelling units marked an annual reduction of 11.1%.
The number of building permits amounted to 587 with the total value reaching €221.3 million and their total area amounting to 198,200 square metres.
These permits provide for the construction of 834 dwelling units.
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