Press Releases

Increase both in Area (4,3%) and in Value (16,4%)

The Statistical Service announces that the number of building permits authorized by the municipal authorities and the district administration offices during December 2023 stood at 587. The total value of these permits reached €242,2 million and the total area 203,4 thousand square metres. These building permits provide for the construction of 942 dwelling units. 

During the period January – December 2023, 7.170 building permits were issued compared to 7.604 in the corresponding period of the previous year, recording a decrease of 5,7%. The total value of these permits increased by 16,4% and the total area by 4,3%. The number of dwelling units recorded an increase of 12,2%.  

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 authorised, 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 authorised 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 categorise 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 22602156 or via e-mail: 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.

(NZ/ΑP)