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11-08-2022 12:48

Building Permits: May 2022

The Statistical Service announces that the number of building permits authorized by the municipal authorities and the district administration offices during May 2022 stood at 761. The total value of these permits reached €248,0 million and the total area 224,8 thousand square metres. These building permits provide for the construction of 893 dwelling units.

During the period January – May 2022, 3.272 building permits were issued compared to 3.157 in the corresponding period of the previous year, recording an increase of 3,6%. The total value of these permits decreased by 6,8% and the total area by 9,4%. The number of dwelling units recorded a decrease of 9,4%. 

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

 


Table 1

Type of Project

Number of Permits

Percentage Change (%)

May 2022

Jan-May

 2022

Jan-May 2021

  Jan-May 2022/

Jan-May 2021

Residential Buildings

506

2.241

2.256

-0,7

Non-residential Buildings

133

507

472

7,4

Civil Engineering Projects

57

213

177

20,3

Division of Plots

48

230

201

14,4

Road Construction

17

81

51

58,8

Total

761

3.272

3.157

3,6

 

Table 2

Type of Project

Area (m²)

Percentage Change (%)

May 2022

Jan-May

 2022

Jan-May 2021

  Jan-May 2022/

Jan-May 2021

Residential Buildings

175.008

744.160

842.922

-11,7

Non-residential Buildings

48.703

128.301

121.270

5,8

Civil Engineering Projects

1.045

3.766

2.891

30,3

Total

224.756

876.227

967.083

-9,4

 

Table 3

Type of Project

Value (€000’s)

Percentage Change (%)

May 2022

Jan-May

 2022

Jan-May 2021

  Jan-May 2022/

Jan-May 2021

Residential Buildings

184.129

774.947

891.065

-13,0

Non-residential Buildings

47.506

150.100

115.823

29,6

Civil Engineering Projects

11.612

42.520

42.885

-0,9

Division of Plots

3.801

24.450

15.322

59,6

Road Construction

907

4.130

3.172

30,2

Total

247.955

996.147

1.068.267

-6,8

 

Table 4

Residential Buildings

Number of Dwelling Units

Percentage Change (%)

May 2022

Jan-May

 2022

Jan-May 2021

  Jan-May 2022/

Jan-May 2021

Single houses

276

1.352

1.394

-3,0

Buildings with two housing units

87

389

378

2,9

Residential apartment blocks

480

2.038

2.418

-15,7

Residential/commercial apartment blocks

50

218

224

-2,7

Total

893

3.997

4.414

-9,4

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:

CYSTAT Portal, subtheme Construction, CYSTAT-DB (Online Database), Predefined Tables (Excel)

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

(NG/IK)