Send an enquiry

Sending this message, you accept the Cookies and privacy policy

RU

Number of building permits increased by 8.3% in January

Number of building permits increased by 8.3% in January

08.04.2022

The number of building permits issued by municipal authorities and district administrations in January 2022 increased by 8.3% compared to the corresponding month of the previous year, according to data released on Thursday by the Statistical Office of Cyprus. The total number was 535 people.

The total cost of these permits increased by 3.4% and the total area by 10.1%. The number of residential units decreased by 8.8%. The total value of these permits reached 165.5 million euros, and the total area – 158.0 thousand square meters. These building permits provide for the construction of 640 housing units.

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

Source and photo: www.stockwatch.com.cy, Editor estateofcyprus.com

Latest Cyprus News

Elmira

Call or text me for advice

+357 95 117091
How can I help you?🙂

Leave your contact details. We will contact you shortly and provide a free consultation