Number Of Building Licenses Issued in Cyprus Increases

На Кипре выросло количество выданных лицензий на строительство
10 December 2021 DOM LiVE

According to data published on Thursday, December 9, by the Statistical Service of the Republic of Cyprus, 768 construction permits were issued in September 2021 by municipal authorities and district administrations on the island.

This is 11.3% more than last year.

The total cost of these licenses was 206.2 million euros, and the total area was 210.7 thousand m2. According to these permits, it is planned to build 907 housing units.

На Кипре выросло количество выданных лицензий на строительство

In the first nine months of 2021, 6,008 construction permits were issued in the country, compared with 5,106 in the corresponding period of 2020, which is 17.7% more.

The total cost of construction permits amounted to 1.87 billion euros, which is 4.6% less than in the corresponding period last year, and the total area increased by 7.6%.

As for the cities of Cyprus, the largest number of licenses issued increased in Larnaca (+44%). It is followed by Paphos (+27.3%), Limassol (13.7%), Nicosia (10.17%) and Famagusta (3.25%).

It is worth noting that building permits are a leading indicator of future activity in the construction sector. Based on this, it is possible to draw very disappointing conclusions for the Cyprus residential real estate market.
No one has left a comment yet
Place qoute
Interesting offers

House for sale in Limassol

€ 661 000

New apartment in Limassol

€ 670 000

Penthouse for sale in Limassol

€ 3 000 000

Modern 3-storey building for rent

€ 21 000

House for rent in Limassol

€ 3 500

Investment project in Limassol

€ 1 230 000

Villa with sea views in Pissouri

€ 1 450 000

Villa for sale in Cyprus

€ 2 700 000

New duplex in an elite complex

€ 572 000

Hotel for sale in Limassol

€ 4 800 000
Компания «Dom Real Estate» Контакты:
Адрес: Limassol, Cyprus,
Телефон:+357 25 212 212, Электронная почта: