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Property in Cyprus – Building Permits

The Cyprus Statistical Service has announced that the number of building permits authorised by the Municipal Authorities and the District Administration offices during December 2006 was 772. These permits provided for the construction of 1,258 dwelling units. During 2006, 9,794 building permits were issued of which 7,415 were for dwelling units. Historical figures for Building […]

The Cyprus Statistical Service has announced that the number of building permits authorised by the Municipal Authorities and the District Administration offices during December 2006 was 772. These permits provided for the construction of 1,258 dwelling units.

During 2006, 9,794 building permits were issued of which 7,415 were for dwelling units.

Historical figures for Building Permits & Dwelling Units

2006 – 7,415 building permits for 18,915 dwelling units.
2005 – 7,205 building permits for 18,770 dwelling units.
2004 – 6,575 building permits for 15,783 dwelling units.
2003 – 5,964 building permits for 11,955 dwelling units.
2002 – 5,131 building permits for 7,535 dwelling units.

Building permits form a leading indicator of future activity in the construction sector.

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