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12-05-2021 13:28

Building permits: February 2021

Decrease both in Area (-5,1%) and in Value (-4,6%)

The Statistical Service announces that the number of building permits authorized by the Municipal Authorities and the District Administration Offices during February 2021 stood at 656. The total value of these permits reached €170,1 million and the total area 155,9 thousand square meters. These building permits provide for the construction of 663 dwelling units.

During the period January – February 2021, 1.150 building permits were issued compared to 1.129 in the corresponding period of the previous year, recording an increase of 1,9%. The total value of these permits decreased by 4,6% and the total area by 5,1%. The number of dwelling units recorded a small decrease of 0,8%. 

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

 

 

Table 1

 

 

 

 

 

Type of Project

Number or Permits

 

Percentage Change (%)

Feb 2021

Jan-Feb

 2021

Jan-Feb 2020

 

Jan-Feb 2021/

Jan-Feb 2020

Residential Buildings

454

828

815

 

1,6

Non-residential Buildings

101

166

150

 

10,7

Civil Engineering Projects

47

70

49

 

42,9

Division of Plots

46

75

79

 

-5,1

Road Construction

8

11

36

 

-69,4

Total

656

1.150

1.129

 

1,9

 

Table 2

 

 

 

 

 

Type of Project

Area (m²)

 

Percentage Change (%)

Feb 2021

Jan-Feb

 2021

Jan-Feb 2020

 

Jan-Feb 2021/

Jan-Feb 2020

Residential Buildings

125.049

258.814

262.620

 

-1,4

Non-residential Buildings

30.562

39.547

52.013

 

-24,0

Civil Engineering Projects

272

1.080

920

 

17,4

Total

155.883

299.441

315.553

 

-5,1

 

Table 3

 

 

 

 

 

Type of Project

Value (€000’s)

 

Percentage Change (%)

Feb 2021

Jan-Feb

 2021

Jan-Feb 2020

 

Jan-Feb 2021/

Jan-Feb 2020

Residential Buildings

122.961

261.456

275.408

 

-5,1

Non-residential Buildings

30.102

40.936

57.207

 

-28,4

Civil Engineering Projects

13.212

21.884

4.614

 

374,3

Division of Plots

3.089

5.033

7.029

 

-28,4

Road Construction

738

885

1.781

 

-50,3

Total

170.102

330.194

346.039

 

-4,6

 

Table 4

 

 

 

 

 

Residential Buildings

Number of Dwelling Units

 

Percentage Change (%)

Feb 2021

Jan-Feb

 2021

Jan-Feb 2020

 

Jan-Feb 2021/

Jan-Feb 2020

Single houses

239

445

480

 

-7,3

Buildings with two housing units

74

121

168

 

-28,0

Residential apartment blocks

349

754

641

 

17,6

Residential/commercial apartment blocks

1

45

87

 

-48,3

Total

663

1.365

1.376

 

-0,8

 

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/SCH)