Building permits increase in area but fall in value

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Building permits increase in area but fall in...
 © CyprusPropertyNews 2022
The September 2021 figures show that a total of 768 permits were authorised during the month; an increase of 11.3% compared to the number authorised in September 2020. Their area rose 4.5% to 210.7 thousand square metres, while their value by 5.7% to €206.2 million.

The September permits provided for the construction of 907 new homes (dwelling units), an increase of 28.8% from the 704 new homes authorised in September last year .

The 768 permits were authorised for the following:

Residential buildings – 517

Non-residential buildings – 144

Civil...


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Article automatically added to our system on Wednesday, December 29, 2021

Building permits increase in area but fall in value


Contents of this article including associated images are © CyprusPropertyNews 2022
Views & opinions expressed are those of the author and/or CyprusPropertyNews .

Article Tags: #building   #permits   #increase   #value  


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