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06-09-2023 13:25

Building Permits: June 2023

Increase both in Area (3,0%) and in Value (16,5%)

The Statistical Service announces that the number of building permits authorized by the municipal authorities and the district administration offices during June 2023 stood at 610. The total value of these permits reached €251,1 million and the total area 200,5 thousand square metres. These building permits provide for the construction of 1.141 dwelling units.

During the period January – June 2023, 3.608 building permits were issued compared to 3.898 in the corresponding period of the previous year, recording a decrease of 7,4%. The total value of these permits increased by 16,5% and the total area by 3,0%. The number of dwelling units recorded an increase of 2,6%. 

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

 


Table 1

 

 

 

 

Type of Project

Number of Permits

Percentage Change (%)

June 2023

Jan-June

 2023

Jan-June 2022

  Jan-June 2023/

Jan-June 2022

Residential Buildings

412

2.455

2.674

-8,2

Non-residential Buildings

83

548

602

-9,0

Civil Engineering Projects

43

206

261

-21,1

Division of Plots

44

278

268

3,7

Road Construction

28

121

93

30,1

Total

610

3.608

3.898

-7,4

 

Table 2

 

 

 

 

Type of Project

Area (m²)

Percentage Change (%)

June 2023

Jan-June

 2023

Jan-June 2022

  Jan-June 2023/

Jan-June 2022

Residential Buildings

180.722

947.239

925.495

2,3

Non-residential Buildings

19.503

158.093

148.340

6,6

Civil Engineering Projects

300

5.561

4.471

24,4

Total

200.525

1.110.893

1.078.306

3,0

 

Table 3

 

 

 

 

Type of Project

Value (€000’s)

Percentage Change (%)

June 2023

Jan-June

 2023

Jan-June 2022

  Jan-June 2023/

Jan-June 2022

Residential Buildings

223.182

1.136.391

957.242

18,7

Non-residential Buildings

17.807

174.625

175.859

-0,7

Civil Engineering Projects

5.809

70.337

51.260

37,2

Division of Plots

2.893

24.491

26.593

-7,9

Road Construction

1.364

10.638

5.250

102,6

Total

251.055

1.416.482

1.216.204

16,5

 

Table 4

 

 

 

 

Residential Buildings

Number of Dwelling Units

Percentage Change (%)

June 2023

Jan-June

 2023

Jan-June 2022

  Jan-June 2023/

Jan-June 2022

Single houses

263

1.454

1.605

-9,4

Buildings with two housing units

74

370

468

-20,9

Residential apartment blocks

795

3.314

2.818

17,6

Residential/commercial apartment blocks

9

138

252

-45,2

Total

1.141

5.276

5.143

2,6

 

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 the CYSTAT Portal, subtheme ConstructionCYSTAT-DB (Online Database), Predefined Tables (Excel), or contact Mr Achilleas Moustakas at telephone 22602156 or at e-mail address amoustakas@cystat.mof.gov.cy.

The Predefined Tables, available in Excel format, include data up to December 2022. Data from January 2023 onwards are available only in the CYSTAT-DB Online Database.

 

(AP/SCH)