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06-10-2023 13:52

Building Permits: July 2023

The Statistical Service announces that the number of building permits, authorized by the municipal authorities and the district administration offices during July 2023, stood at 604. The total value of these permits reached €262,3 million and the total area 199,4 thousand square metres. These building permits provide for the construction of 959 dwelling units.

During the period January-July 2023, 4.212 building permits were issued compared to 4.521 in the corresponding period of the previous year, recording a decrease of 6,8%. The total value of these permits increased by 14,8% and the total area by 2,6%. The number of dwelling units recorded an increase of 5,3%.

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

 

Table 1

Type of Project

Number of Permits

Percentage Change (%)

July 2023

Jan-July 2023

Jan-July 2022

Jan-July 2023 / Jan-July 2022

Residential Buildings

418

2.873

3.089

-7,0

Non-residential Buildings

73

621

712

-12,8

Civil Engineering Projects

34

240

302

-20,5

Division of Plots

58

336

314

7,0

Road Construction

21

142

104

36,5

Total

604

4.212

4.521

-6,8

 

Table 2

Type of Project

Area (m²)

Percentage Change (%)

July 2023

Jan-July 2023

Jan-July 2022

Jan-July 2023 / Jan-July 2022

Residential Buildings

175.384

1.122.623

1.082.896

3,7

Non-residential Buildings

23.883

181.976

187.903

-3,2

Civil Engineering Projects

175

5.736

6.681

-14,1

Total

199.442

1.310.335

1.277.480

2,6

 

Table 3

Type of Project

Value (€000’s)

Percentage Change (%)

July 2023

Jan-July 2023

Jan-July 2022

Jan-July 2023 / Jan-July 2022

Residential Buildings

224.148

1.360.539

1.135.739

19,8

Non-residential Buildings

28.968

203.593

229.862

-11,4

Civil Engineering Projects

1.984

72.321

57.018

26,8

Division of Plots

5.887

30.378

29.977

1,3

Road Construction

1.309

11.947

9.176

30,2

Total

262.296

1.678.778

1.461.772

14,8

 

Table 4

Residential Buildings

Number of Dwelling Units

Percentage Change (%)

July 2023

Jan-July 2023

Jan-July 2022

Jan-July 2023 / Jan-July 2022

Single houses

255

1.709

1.907

-10,4

Buildings with two housing units

76

446

535

-16,6

Residential apartment blocks

604

3.918

3.214

21,9

Residential/commercial apartment blocks

24

162

263

-38,4

Total

959

6.235

5.919

5,3

 

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

It is noted that 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.

 

(MV/SCH)