Press Releases

Increase both in Area (3,7%) and in Value (13,8%)

The Statistical Service announces that the number of building permits authorized by the municipal authorities and the district administration offices during March 2022 stood at 642. The total value of these permits reached €209,7 million and the total area 176,7 thousand square metres. These building permits provide for the construction of 962 dwelling units.

During the period January – March 2022, 1.951 building permits were issued compared to 1.897 in the corresponding period of the previous year, recording an increase of 2,8%. The total value of these permits increased by 13,8% and the total area by 3,7%. The number of dwelling units recorded an increase of 4,4%.

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

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:

CYSTAT Portal, subtheme Construction
CYSTAT-DB (Online Database)
Predefined Tables (Excel)

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

(MV/ECHR)