The numberof new houses in Cyprus for which building permits were issued increased by15.1% in January 2019 compared with January 2018, according to the statisticalservice of Cyprus.
Approved inJanuary 2019, 385 permits for the construction of residential houses providedfor the construction of 548 new houses (dwellings). They included 279individual houses (compared to 269 in January 2018) and 106 apartmentbuildings, including apartments, townhouses and other residential complexes(compared to 86 in January 2018); an increase of 15.1%.
However,compared with January 2018, the total value of these permits decreased by 18.9%to 117.8 million Euros, and their total area - by 15.2% to 107.0 thousandsquare meters.
DuringJanuary 2019 building permits were issued:
Residentialbuildings - 385 permits
Non-residentialbuildings - 79 permits
Civilengineering projects - 18 permits
Section ofland plots - 47 permits
Roadconstruction - 15 permits
Of these548 new homes, 199 are for Limassol, 183 for Nicosia, 89 for Larnaca, 66 forPaphos and 11 for Famagusta.
Accordingto the statistical service of Cyprus, building permits are a major indicator offuture activities in the construction sector.