Cyprus Property News for home buyers and real estate investors

Monday 19th April 2021
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Alan Lawton

More new homes in December

The number of new homes in Cyprus for which building permits have been issued increased by 55.7 per cent in December 2016 compared to the same period in the previous year according to the Cyprus Statistical Service.

November building permits up by a third

The number of building permits authorised by the municipal authorities and the district administration offices during November 2016 stood at 550 according to the Cyprus Statistical Service.

September building permits up 15 per cent

The number of building permits authorised by the municipal authorities and the district administration offices during September 2016 stood at 467 according to the Cyprus Statistical Service.

February building permits up 9 per cent

Although the number of building permits authorised in February 2016 rose by 9 per cent compared to the number authorised in February 2015, both their total area and total value fell.

Building permits up 3.2 per cent

The number of building permits authorised in Cyprus during November 2015 increased compared to the number authorised during the same period in 2014, while both their total area and value fell.

Building permits July 2015

The number of building permits authorised in July 2015 increased compared to the number authorised during the same period last year, while their total area and value also increased.

Building permits May 2015

Although the number of building permits authorised in May 2015 fell compared to the number authorised during the same period last year, their total area went up by more than a third and their value almost doubled.

Cyprus home construction weakens

The previous strong growth in new home construction in Cyprus was reversed in April with the number building permits authorised by the authorities for new homes falling compared to last year.

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