The number of building permits authorised in Cyprus during December 2015 increased compared to the number authorised during the same period in 2014, according to the latest figures from CYSTAT.
The number of building permits authorised in Cyprus during November 2015 increased compared to the number authorised during the same period in 2014, while both their total area and value fell.
The number of building permits authorised in Cyprus during October 2015 increased compared to the number authorised during the same period in 2014, together with their total area and value.
The number of building permits authorised in Cyprus during August 2015 increased compared to the number authorised during the same period last year, while their total area and value declined.
The number of building permits authorised in July 2015 increased compared to the number authorised during the same period last year, while their total area and value also increased.
Although the number of building permits authorised in May 2015 fell compared to the number authorised during the same period last year, their total area went up by more than a third and their value almost doubled.
The latest figures from the Cyprus Statistical Service report that the number of building permits issued in October 2014 stood at 446; a 2 per cent fall on the number issued in October 2013.
The number of building permits issued in Cyprus during July fell 14 per cent compared with the corresponding month of last year, while the number of new homes being built fell 39 per cent.
The number of building permits issued in in June increased 11 per cent compared with the corresponding month of last year, but their numbers have fallen 5 per cent during the first half of 2014.
The number of building permits issued in fell 24 per cent compared with the corresponding month of last year and their numbers have declined 14 per cent during the first four months of 2014.
The number of building permits issued in March increased compared with the corresponding month of last year, but their numbers have declined 10.3% during the first quarter of 2014.
The number of building permits issued in February continued to fall compared with the corresponding month of last year according to the latest figures released by the Cyprus Statistical Service.
The dramatic decline in the Cyprus construction sector continued in December with the number of building permits authorised during the month falling once again compared to the same period in the previous year.
The decline in the island’s construction sector continued in October according to the latest figures released by the Cyprus Statistical Service with the number of building permits authorised during the month falling 39 percent.
The Department of Lands and Surveys has published its second set of statistics relating to one of the provisions agreed between Cyprus and the troika in the Memorandum of Understanding (MoU).
The contraction in the Cyprus construction activity continued in August with the very difficult economic conditions discouraging new investment as reflected in the latest building permit statistics from CySTAT.
Construction activity continued to decline in July with the number of building permits authorized by the municipal authorities and district administration offices falling compared with the same period last year.
Timothy Kirkhope, MEP for Yorkshire and the Humber, has raised a question in the European Parliament concerning the issue of residence permits to third country nationals investing in real estate.
The Interior Ministry recently announced changes to the procedures for granting Immigration Permits (Permanent Residence) to third country (non-EU) nationals who intend to invest in Cyprus.
