Building permits up by 8.2% 

The number of building permits increased by 8.2% in January 2019 compare to the same month of 2018, according to data released Monday by the Statistical Service of Cyprus.

The total value of these permits decreased by 18.9% and the total area by 15.2%.  Τhe number of dwelling units recorded an increase of 15.1%.

The number of building permits authorized by the municipal authorities and the district administration offices during January 2019 stood at 544.  The total value of these permits reached €117.8 million and the total area 107.0 thousand square metres.  These building permits provide for the construction of 548 dwelling units.

Source: www.in-cyprus.com