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09-03-2021 13:01

Building Permits: December 2020 – Decrease in 2020 both in area (-12,6%) and in value (-27,3%)

The Statistical Service announces that in December 2020, the number of building permits authorized by the municipal authorities and the district administration offices stood at 648. The total value of these permits reached €171,6 million and the total area 164 thousand square meters. These building permits provide for the construction of 752 dwelling units.

During the period January – December 2020, 7.023 building permits were issued compared to 7.218 in the corresponding period of the previous year. The total value of these permits decreased by 27,3%, the total area by 12,6% and the number of dwelling units by 3,5%.

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

Table 1

 

 

 

 

 

Type of Project

Number or Permits

 

Percentage Change (%)

Dec 2020

Jan-Dec 2020

Jan-Dec 2019

 

Jan-Dec 2020/ Jan-Dec 2019

Residential Buildings

463

5.069

5.179

 

-2,1

Non-residential Buildings

98

986

1.121

 

-12,0

Civil Engineering Projects

21

324

271

 

19,6

Division of Plots

52

481

469

 

2,6

Road Construction

14

163

178

 

-8,4

Total

648

7.023

7.218

 

-2,7

 

Table 2

 

 

 

 

 

Type of Project

Area (m²)

 

Percentage Change (%)

Dec 2020

Jan-Dec 2020

Jan-Dec 2019

 

Jan-Dec 2020/ Jan-Dec 2019

Residential Buildings

146.728

1.851.391

2.146.804

 

-13,8

Non-residential Buildings

17.125

389.728

419.867

 

-7,2

Civil Engineering Projects

178

19.613

19.079

 

2,8

Total

164.031

2.260.732

2.585.750

 

-12,6

 

Table 3

 

 

 

 

 

Type of Project

Value (€000’s)

 

Percentage Change (%)

Dec 2020

Jan-Dec 2020

Jan-Dec 2019

 

Jan-Dec 2020/ Jan-Dec 2019

Residential Buildings

143.951

2.033.465

2.428.021

 

-16,3

Non-residential Buildings

19.641

479.078

926.586

 

-48,3

Civil Engineering Projects

2.885

136.554

267.649

 

-49,0

Division of Plots

4.210

42.781

93.156

 

-54,1

Road Construction

921

18.510

13.190

 

40,3

Total

171.608

2.710.388

3.728.602

 

-27,3

 

Table 4

 

 

 

 

 

Residential Buildings

Number of Dwelling Units

 

Percentage Change (%)

Dec 2020

Jan-Dec 2020

Jan-Dec 2019

 

Jan-Dec 2020/ Jan-Dec 2019

Single houses

279

3.106

3.239

 

-4,1

Buildings with two housing units

67

935

989

 

-5,5

Residential apartment blocks

402

4.743

4.470

 

6,1

Residential/commercial apartment blocks

4

508

929

 

-45,3

Total

752

9.292

9.627

 

-3,5

Methodological information

Scope and coverage

The purpose is the collection of basic data concerning residential and non-residential buildings, as well as other construction activities such as civil engineering projects, division of plots and road construction, by district (both urban and rural areas). For each type of project, information is compiled on the number of permits authorized, the area and the value of the project and the number of dwelling units that are expected to be built.

The data cover all building permits authorized by local authorities, namely the municipalities, the district administration offices of the Ministry of Interior and the Agios Tychonas Community Board.

Data collection

The Statistical Service receives on a monthly basis from all local authorities copies of all the building permits issued. The information contained in these forms is appropriately coded by the Statistical Service in order to produce the statistics. The EU Classification of Types of Construction (CC) is used to categorize the various construction projects.

For more information visit the Statistical Service (CYSTAT) website, subtheme Construction or contact Mr Achilleas Moustakas: tel.: 22602156, e-mail: amoustakas@cystat.mof.gov.cy

(EK/EI)