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Fewer building permits but strong growth in area and value

The number of building permits issued in Cyprus declined during the first eight months of 2025 compared to the same period in 2024. However,...

Building permits plummet

The Cyprus construction sector experienced a sharp downturn in activity in June 2025, as well as across the first half of the year, with...

Cyprus building permits drop, project value rises

The number of building permits approved in the first five months of 2025 has seen a significant decline, even as the value and total...

Building permits fell 4.8% in 2024

The number of building permits issued in 2024 fell 4.8% compared to the number issued in 2023, according to figures released by CySTAT. During the...

Building permits plummet in September

The number of building permits approved in Cyprus saw a significant decline in September 2024, according to data released by the Statistical Service. The drop...

Construction materials prices edged down in October

The Price Index of Construction Materials for October 2024 reached 117.18 units (base year 2021=100), recording a fall of 0.08% compared to the previous...

Property sales rise, transfers fall

Fewer property transfers but more sale contracts were recorded in the third quarter of 2024, with growth driven primarily by Nicosia and Larnaca, helping...

Construction material prices fell slightly in September

The Price Index of Construction Materials for September 2024 reached 117,27 units (base year 2021=100), recording a decrease of 0.35% compared to the previous...

Building permits backlog & brown envelopes

Building permits surged by 150% in June as local authorities rushed to clear a backlog before transferring responsibility from municipalities and district administration offices...

Building permits on the rise in February

The number of building permits in Cyprus issued by municipal and district authorities rose to 706 in February, up from just below 600 each...

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About Cyprus Property News

Established in 2004, Cyprus Property News is the Island’s leading on-line resource for overseas home buyers and property investors.

Owned, funded and operated independently, we provide the latest news and analysis of events shaping the property market and offer opinion and guidance on purchasing real estate. 

Our mission

The mission of Cyprus Property News is to provide anyone looking to buy property in Cyprus with up-to-date factual information, without the usual marketing hyperbole and exaggerated claims, to help their buying decisions and avoid making costly mistakes.

Cyprus Property News also has an on-line Cyprus Property Forum where individuals wishing to buy or sell property and those who are facing problems can ask questions and seek independent advice completely free of charge.

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