Cyprus issued 2,157 building permits between January and April 2025, down 15.2% from the 2,545 permits granted during the same period in 2024, according to figures released on Friday by the Statistical Service.
While the number of permits fell, their total value rose by 15.4%, and the total area covered increased by 13.3%. The number of planned dwelling units also went up by 12.1%.
Breaking down the categories, the steepest decline was seen in road construction permits, which plunged 77.5%. This was followed by a 41.3% drop in non-residential building permits and a 22.8% decrease in civil engineering project approvals. Residential building permits fell by a modest 4.4%, while plot division permits declined 19.1%.
In April 2025 alone, 577 permits were issued, compared to 669 a year earlier—a 13.8% reduction. The value of April’s permits reached €255.2 million, covering a total of 204,000 square metres and allowing for the construction of 909 new dwelling units.
The Statistical Service also noted that since July 1, 2024, the responsibility for issuing building permits has shifted from municipalities and district administration offices to newly established Local Government Organisations (LGOs). Applications are now processed via the integrated “Ippodamos” information system.
Source: Stockwatch.com.cy