Reduction in building permits authorised in March

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The number of building permits authorized in Cyprus during March 2022 stood at 642. The total value of these permits reached €209.7 million and the total area 176.7 thousand square meters. These building permits provide for the construction of 962 dwelling units. Compared to March 2021, the number of permits issued fell by 14.1%, their total value fell by 14.2%, while their total value rose by 5%. The number of permits issued for new homes (dwellings) fell by 16.9%. The 642 permits were authorised for the following: Residential buildings...

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Article automatically added to our system on Sunday, June 12, 2022

Reduction in building permits authorised in March

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