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Ministry of Finance, Statistical Service



10/06/2020
Latest Figures: Building Permits, Mar 2020

In March 2020, the month during which COVID-19 containment measures were introduced in Cyprus, the number of building permits authorized by the municipal authorities and the district administration offices stood at 397, recording a decrease of 23,9% compared to March 2019. The total value of these permits reached €139,8 million and the total area 135,7 thousand square metres. These building permits provide for the construction of 524 dwelling units.

During the period January – March 2020, 1.526 building permits were issued compared to 1.591 in the corresponding period of the previous year. The total value of these permits increased by 4,6% and the total area by 5,7%. Τhe number of dwelling units recorded an increase of 9,3%.

Building permits constitute a leading indicator of future activity in the construction sector.


RELATED DATA

BUILDING PERMITS BY TYPE OF PROJECT

BUILDING PERMITS BY TYPE OF PROJECT (Comparative Data)

BUILDING PERMITS BY DISTRICT AND AREA










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