Cyprus Property News for home buyers and real estate investors

Tuesday 19th October 2021
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Property Statistics

Construction material prices surge

For the second consecutive month, the price of construction materials surged in August 2021 compared to August 2020, recording an annual increase of 14.37%...

Strong recovery in construction activity

Construction activity has made a strong recovery from the impact of the COVID-19 containment measures in 2020, with the number of building permits authorised...

Construction material prices escalating

The Price Index of Construction Materials recorded a significant annual increase of 13.6% in July, reaching 114.46 according to the Cyprus Statistical Service (CYSTAT). Compared...

Building permits record small recovery

The number of building permits authorised in Cyprus during February 2021 stood at 656; an increase of 11% compared to February 2020 according to...

Building permits fall in number, value and area

Although there was a small increase in the number of building permits authorised for the construction of new homes in Cyprus during January 2021,...

Building permits authorised for 752 new homes

The construction of 752 new homes was authorised in December 2020 compared to the 1,107 authorised in December 2019 according to official statistics from...

New home construction steadies

Despite a fall in the number of building permits authorised for building new homes in November 2020 compared to the same month in 2019,...

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