Building permits for the construction of 617 new homes in Cyprus were authorised during October 2018; an increase of 13.6 percent compared with the corresponding month in 2017.
The number of property sales in Cyprus continued to rise in October with the number of sales contracts deposited at Land Registry Offices across the Republic up 6 per cent compared with October 2017.
Property sales in Cyprus rose 18 per cent in October compared with October 2016 with sales increasing in all districts (with the exception of Larnaca) according to official figures from the Department of Lands and Surveys.
The number of building permits authorised by the municipal authorities and the district administration offices during October 2016 stood at 449 according to the Cyprus Statistical Service.
