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07-04-2021 13:54

Building permits: January 2021

Decrease both in area (-13,4%) and in value (-10,3%)

The Statistical Service announces that the number of building permits authorized by the Municipal Authorities and the District Administration Offices during January 2021 stood at 494. The total value of these permits reached €160,1 million and the total area 143,6 thousand square meters. These building permits provide for the construction of 702 dwelling units.

Compared to the corresponding month of the previous year, the number of building permits issued decreased by 8,2%. The total value of these permits decreased by 10,3% and the total area by 13,4%. The number of dwelling units recorded an increase of 0,9%. 

Building permits constitute a leading indicator of future activity in the construction sector.

 

Table 1

 

 

 

 

 

Type of Project

Number or Permits

 

Percentage Change (%)

Jan 2021

Jan

 2020

Jan-Dec 2020

 

Jan 2021/

Jan 2020

Residential Buildings

374

395

5.069

 

-5,3

Non-residential Buildings

65

73

986

 

-11,0

Civil Engineering Projects

23

18

324

 

27,8

Division of Plots

29

36

481

 

-19,4

Road Construction

3

16

163

 

-81,3

Total

494

538

7.023

 

-8,2

 

Table 2

 

 

 

 

 

Type of Project

Area (m²)

 

Percentage Change (%)

Jan

2021

Jan

2020

Jan-Dec 2020

 

Jan 2021/

Jan 2020

Residential Buildings

133.765

130.966

1.851.391

 

2,1

Non-residential Buildings

8.985

34.236

389.728

 

-73,8

Civil Engineering Projects

808

639

19.613

 

26,4

Total

143.558

165.841

2.260.732

 

-13,4

 

Table 3

 

 

 

 

 

Type of Project

Value (€000’s)

 

Percentage Change (%)

Jan 2021

Jan

2020

Jan-Dec 2020

 

Jan 2021/

 Jan 2020

Residential Buildings

138.495

130.764

2.033.465

 

5,9

Non-residential Buildings

10.834

40.794

479.078

 

-73,4

Civil Engineering Projects

8.672

2.509

136.554

 

245,6

Division of Plots

1.944

3.624

42.781

 

-46,4

Road Construction

147

873

18.510

 

-83,2

Total

160.092

178.564

2.710.388

 

-10,3

 

Table 4

 

 

 

 

 

Residential Buildings

Number of Dwelling Units

 

Percentage Change (%)

Jan 2021

Jan

2020

Jan-Dec 2020

 

Jan 2021/

Jan 2020

Single houses

206

216

3.106

 

-4,6

Buildings with two housing units

47

103

935

 

-54,4

Residential apartment blocks

405

333

4.743

 

21,6

Residential/commercial apartment blocks

44

44

508

 

0,0

Total

702

696

9.292

 

0,9

 

METHODOLOGICAL INFORMATION

Scope and coverage

The purpose is the collection of basic data concerning residential and non-residential buildings as well as other construction activities such as civil engineering projects, division of plots and road construction, by district (both urban and rural areas). For each type of project, information is compiled on the number of permits authorized, the area and the value of the project and the number of dwelling units that are expected to be built.

Data cover all building permits authorized by local authorities, namely the Municipalities, the District Administration Offices of the Ministry of Interior and the Agios Tychonas Community Board.

Data collection

The Statistical Service receives on a monthly basis from all local authorities copies of all the building permits issued. The information contained in these forms is appropriately coded by the Statistical Service in order to produce the statistics. The EU Classification of Types of Construction (CC) is used to categorize the various construction projects.

For more information:

Statistical Service (CYSTAT) Website, subtheme Construction

Contact
Achilleas Moustakas: Tel.: 22602156, E-mail: amoustakas@cystat.mof.gov.cy

(MG/ECHR)