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07-07-2021 13:47

Building Permits: April 2021 – Increase both in Area (36,0%) and in Value (34,2%)

The Statistical Service announces that the number of building permits authorized by the municipal authorities and the district administration offices during April 2021 stood at 627. The total value of these permits reached €230,6 million and the total area 192,9 thousand square meters. These building permits provide for the construction of 955 dwelling units.

During the period January – April 2021, 2.524 building permits were issued compared to 1.721 in the corresponding period of the previous year, recording an increase of 46,7%. The total value of these permits increased by 34,2% and the total area by 36,0%. The number of dwelling units recorded an increase of 49,8%.

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

 

Table 1

Type of Project

Number or Permits

 

Percentage Change (%)

Apr
2021

Jan-Apr
 2021

Jan-Apr
2020

 

Jan-Apr 2021/
Jan-Apr 2020

Residential Buildings

441

1.803

1.247

 

44,6

Non-residential Buildings

92

363

226

 

60,6

Civil Engineering Projects

44

151

77

 

96,1

Division of Plots

38

162

118

 

37,3

Road Construction

12

45

53

 

-15,1

Total

627

2.524

1.721

 

46,7

 

Table 2

Type of Project

Area (m²)

 

Percentage Change (%)

Apr
202
1

Jan-Apr
 2021

Jan-Apr
2020

 

Jan-Apr 2021/
Jan-Apr 2020

Residential Buildings

172.759

625.689

418.897

 

49,4

Non-residential Buildings

19.004

70.231

92.727

 

-24,3

Civil Engineering Projects

1.098

2.469

1.941

 

27,2

Total

192.861

698.389

513.565

 

36,0

 

Table 3

Type of Project

Value (€000’s)

 

Percentage Change (%)

Apr
202
1

Jan-Apr
 2021

Jan-Apr
2020

 

Jan-Apr 2021/
Jan-Apr 2020

Residential Buildings

192.405

636.672

433.168

 

47,0

Non-residential Buildings

18.575

68.952

91.171

 

-24,4

Civil Engineering Projects

15.946

40.619

21.813

 

86,2

Division of Plots

3.156

11.473

10.097

 

13,6

Road Construction

558

2.891

10.697

 

-73,0

Total

230.640

760.607

566.946

 

34,2

 

Table 4

Residential Buildings

Number of Dwelling Units

 

Percentage Change (%)

Apr
202
1

Jan-Apr
 2021

Jan-Apr
2020

 

Jan-Apr 2021/
Jan-Apr 2020

Single houses

280

1.094

705

 

55,2

Buildings with two housing units

74

291

261

 

11,5

Residential apartment blocks

572

1.874

1.170

 

60,2

Residential/commercial apartment blocks

29

94

103

 

-8,7

Total

955

3.353

2.239

 

49,8



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.

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:

Statistical Service (CYSTAT) Website, subtheme Construction


Contact

Achilleas Moustakas: Tel.: 22602156, E-mail: amoustakas@cystat.mof.gov.cy

(MV/SCH)