The number of new homes in Cyprus for which building permits have been issued rose by 24.9 per cent in January 2018 compared to January 2018 according to the Cyprus Statistical Service.
Although the number and value of building permits authorised in January fell compared to January 2015, the number of permits authorised for the construction of new homes rose according to the Cyprus Statistical Service.
The number of properties sold in Cyprus during January increased compared to the number sold in January 2014 according to official statistics from the Department of Lands and Surveys.
The Larnaca port and marina development is anticipated to start in January 2012, which along with other improvements should improve the attractiveness of the town as a tourist destination.
Latest figures from the Cyprus Statistical Service show that the number, value and area of building permits issued in January 2010 fell compared to those issued in January 2009.
According to figures published by the Cyprus Department of Lands and Surveys, property sales improved last month compared to the number sold in January 2009.