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10-03-2022 13:50

Building Permits: December 2021 – Increase in area (3,8%) and decrease in value (-7,8%)

The Statistical Service announces that the number of building permits authorized by the municipal authorities and the district administration offices during December 2021 stood at 778. The total value of these permits reached €241,1 million and the total area 224,8 thousand square metres. These building permits provide for the construction of 1.040 dwelling units.

During the period January – December 2021, 8.164 building permits were issued compared to 7.023 in the corresponding period of the previous year, recording an increase of 16,2%. The total value of these permits decreased by -7,8% and the total area increased by 3,8%. The number of dwelling units recorded an increase of 13,1%. 

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

 


Table 1

 

 

 

 

 

Type of Project

Number of Permits

 

Percentage Change (%)

Dec 2021

Jan-Dec

 2021

Jan-Dec 2020

 

  Jan-Dec 2021/

Jan-Dec2020

Residential Buildings

573

5.753

5.069

 

13,5

Non-residential Buildings

108

1.254

986

 

27,2

Civil Engineering Projects

26

443

324

 

36,7

Division of Plots

47

547

481

 

13,7

Road Construction

24

167

163

 

2,5

Total

778

8.164

7.023

 

16,2

 

Table 2

 

 

 

 

 

Type of Project

Area (m²)

 

Percentage Change (%)

Dec 2021

Jan-Dec

 2021

Jan-Dec 2020

 

  Jan-Dec 2021/

Jan-Dec 2020

Residential Buildings

209.790

1.999.466

1.851.391

 

8,0

Non-residential Buildings

13.599

338.522

389.728

 

-13,1

Civil Engineering Projects

1.406

8.194

19.613

 

-58,2

Total

224.795

2.346.182

2.260.732

 

3,8

 

Table 3

 

 

 

 

 

Type of Project

Value (€000’s)

 

Percentage Change (%)

Dec 2021

Jan-Dec

 2021

Jan-Dec 2020

 

  Jan-Dec 2021/

Jan-Dec 2020

Residential Buildings

205.063

2.033.958

2.033.465

 

0,0

Non-residential Buildings

20.581

321.334

479.078

 

-32,9

Civil Engineering Projects

9.672

88.743

136.554

 

-35,0

Division of Plots

4.482

42.975

42.781

 

0,5

Road Construction

1.348

10.757

18.510

 

-41,9

Total

241.146

2.497.767

2.710.388

 

-7,8

 

Table 4

 

 

 

 

 

Residential Buildings

Number of Dwelling Units

 

Percentage Change (%)

Dec 2021

Jan-Dec

 2021

Jan-Dec 2020

 

  Jan-Dec 2021/

Jan-Dec 2020

Single houses

395

3.553

3.106

 

14,4

Buildings with two housing units

54

930

935

 

-0,5

Residential apartment blocks

561

5.590

4.743

 

17,9

Residential/commercial apartment blocks

30

433

508

 

-14,8

Total

1.040

10.506

9.292

 

13,1

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 visit theCYSTAT Portal, subtheme Construction CYSTAT-DB (Online Database) Predefined Tables (Excel) or contact Mr Achilleas Moustakas: tel.: 22602156, e-mail: amoustakas@cystat.mof.gov.cy

(EK/ECHR)