Economy category powered by

Number of building permits decreased in 2022

08:13 - 10 March 2023

Economy

The number of building permits and total area recorded a significant decrease in 2022 compared with the previous year.

According to the Cyprus Statistical Service, the number of building permits authorised by the municipal authorities and the district administration offices during December 2022 stood at 618.

The total value of these permits reached €213.2m and the total area 187,100m2. These building permits provide for the construction of 863 dwelling units.

Over the January – December 2022 period, 7,604 building permits were issued compared to 8,164 in the same period of 2021, recording a decrease of 6.9%. The total value of these permits remained at same the level of the preceding year, while the total area declined by 6.3%. The number of dwelling units recorded a decrease of 6.3%.

News Feed

Read More

Panel discussion focuses on enhancing Cyprus-USA economic and commercial ties
Services turnover records strong growth in 2024
Transport and storage turnover up in 2024
Industrial turnover up 1.6% in 2024
ICPAC- Carefully studying the tax reform and collecting opinions before submitting an official response
Revenue from tourism records in December an annual increase of 17%
Retail trade shows annual increase in value and volume in January
Preliminary General Government fiscal results indicate a surplus of €1,507.8m for 2024
Growth rate of the Cypriot economy estimated at 3.4% in 2024
Transport Minister-Egypt's Ambassador discuss cooperation in ports, transport, shipping