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08-07-2024 14:25

Building Permits: April 2024

The Statistical Service announces that the number of building permits authorised by the municipal authorities and the district administration offices during April 2024 stood at 669. The total value of these permits reached €261,3 million and the total area 192,3 thousand square metres. These building permits provide for the construction of 930 dwelling units. 

During the period January-April 2024, 2.545 building permits were issued compared to 2.351 in the corresponding period of the previous year, recording an increase of 8,3%. The total value of these permits increased by 8,9% and the total area by 15,7%. The number of dwelling units recorded an increase of 24,2%. 

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

 


Table 1

Type of Project

Number of Permits

Percentage Change (%)

Apr 2024

Jan-Apr 2024

Jan-Apr 2023

Jan-Apr 2024/2023

Residential Buildings

439

1.686

1.618

4,2

Non-residential Buildings

104

414

353

17,3

Civil Engineering Projects

49

162

125

29,6

Division of Plots

48

194

183

6,0

Road Construction

29

89

72

23,6

Total

669

2.545

2.351

8,3

 

Table 2

Type of Project

Area (m²)

Percentage Change (%)

Apr 2024

Jan-Apr 2024

Jan-Apr 2023

Jan-Apr 2024/2023

Residential Buildings

161.551

640.239

582.380

9,9

Non-residential Buildings

30.284

176.203

120.127

46,7

Civil Engineering Projects

489

2.324

5.067

-54,1

Total

192.324

818.766

707.574

15,7

 

Table 3

Type of Project

Value (€000’s)

Percentage Change (%)

Apr 2024

Jan-Apr 2024

Jan-Apr 2023

Jan-Apr 2024/2023

Residential Buildings

183.314

759.716

687.867

10,4

Non-residential Buildings

64.191

181.756

135.798

33,8

Civil Engineering Projects

7.717

26.154

61.496

-57,5

Division of Plots

4.556

17.481

18.159

-3,7

Road Construction

1.527

6.444

6.816

-5,5

Total

261.305

991.551

910.136

8,9

 

Table 4

Residential Buildings

Number of Dwelling Units

Percentage Change (%)

Apr 2024

Jan-Apr 2024

Jan-Apr 2023

Jan-Apr 2024/2023

Single houses

226

935

975

-4,1

Buildings with two housing units

97

320

252

27,0

Residential apartment blocks

558

2.389

1.810

32,0

Residential/commercial apartment blocks

49

210

65

223,1

Total

930

3.854

3.102

24,2

 

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, please visit the CYSTAT Portal, subtheme Construction, CYSTAT-DB (Online Database), Predefined Tables (Excel) or contact Mr Achilleas Moustakas at 22602156 or via email: 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.

(GS/MS)