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Property Statistics

Cyprus building permits March 2009

It is difficult to draw any conclusions from the CYSTAT figures as developers in Cyprus often start construction work before the authorities have issued the building permits.

Cyprus tax receipts from property tumble

Reflecting Cyprus’ stagnant property market, Capital Gains Tax receipts on the island tumbled in the first four months of the year; Stamp Duty and Immovable Property Tax receipts also fell.

Cement sales confirm property problems

Further confirmation that the Cyprus property and construction sectors are facing serious problems came today with the release of domestic sales figures for cement by the Cyprus Statistical Service (CYSTAT).

Building permit numbers up

From the CYSTAT figures it is impossible to say whether the number of homes being built in Cyprus is increasing or not. It is common knowledge that developers build properties illegally

Cyprus building permits Jan 2009

According to the latest figures on building permits, published by the Cyprus Statistical Service, investment activity in the construction sector is showing signs of recovery.

Cyprus property and construction statistics for 2007

THE CYPRUS Statistical Service (CYSTAT) has published the annual report “Construction and Housing Statistics, 2007” containing detailed information relating to the property sector including the number of new properties completed, construction costs, building permits authorised, etc. During 2007, the main developments in the construction sector were: Growth – The sector continued to record a positive […]

Building permit numbers up in October

ACCORDING to the Cyprus Statistical Service (CYSTAT), there was a small increase in the number of building permits issued in October 2008 compared with the number issued in October 2007. 844 building permits were issued during October 2008, up 47 on last year. These building permits provided for the construction of 2,088 dwelling units, which […]

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 […]

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