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All reports tagged with: "building permit"

Building permits fall for eleventh month in a row

ACCORDING to the Cyprus Statistical Service (CYSTAT), the number of building permits issued in August has fallen for the eleventh month in a row. CYSTAT figures reveal that the number of building permits authorised during August 2008 stood at 504, compared with 558 in August 2007. These building permits provided for the construction of 931 […]

Building permits fall for tenth consecutive month

ACCORDING to the Cyprus Statistical Service (CYSTAT), the number of building permits issued in July fell for a tenth consecutive month as developers anticipated weaker demand. CYSTAT figures show that the number of building permits authorised by the municipal authorities and the district administration offices during July 2008 stood at 810, compared with 848 in […]

Cyprus Building Permits June 2008

THE Cyprus Statistical Service (CySTAT) has just released the building permit figures for June 2008. During the month 779 were issued, compared with 848 during June 2007. The total value of these permits was €244.7 million and their total area 312.8 thousand square metres. They provided for the construction of 1,659 dwelling units. During the […]

Construction continues to weaken

ACCORDING to figures just released by the Cyprus Statistical Service, CYSTAT, output in the property construction sector continues to weaken with the number of building permits issued during May 2008 standing at 732. The total value of these permits reached €235.8 million and the total area 293.2 thousand square metres; they provide for the construction […]

Cyprus developers ‘strangled by red tape’

PAPHOS property developers are pleading with the government to cut through the tangle of red tape that they say is suffocating their business, causing delays in the issue of building permits and title deeds, in some cases for years. The president of the Paphos developers, George Mais, was speaking yesterday following a meeting with Interior […]

Property construction continues slowdown

ACCORDING to figures just released by the Cyprus Statistical Service, CYSTAT, output in the property construction sector continues to slowdown. The number of building permits issued during the first four months of 2008 fell to 2,788 – a reduction of 15.2% over the same period last year when 3,286 were issued. Although the number of […]

How to reduce your risks when buying off plan

If you’re buying an off-plan property in Cyprus for which Planning and Building permits have not been issued, the easiest way to reduce the risks and protect your interests is to put your stage other payments in escrow until such time as the property developer presents the required permits to your escrow agent.

Cyprus against the spoiling of its coastline

A petition has recently been started for the demolition of an illegally built pier in the Fig Tree Bay area of at Protaras on the eastern coast of Cyprus. If you wish to support the campaigners in their endeavours to get this illegal construction demolished and removed, please visit the ‘Cyprus against the spoiling of […]

Construction activity in recession

ACCORDING to the latest figures provided by Cyprus Statistical Service, CYSTAT, construction activity is going through a recession. The number of building permits issued during the first quarter of 2008 stood at 2,125 compared to 2,537 during the same period last year. Compared to the first quarter of 2007: the number of building permits issued […]

Cyprus building permits continue to fall

THE number of building permits issued for the construction of property in Cyprus continues to decline. According to the Cyprus Statistical Service, CYSTAT, the number of permits authorised during January and February 2008 stood at 1,401 compared to 1,551 In January and February 2007. These provided for the construction of 2,812 dwelling units compared to […]

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