Building permits issued in January 2026 increased by 76.9%

In January 2026, the number of building permits issued rose by 76.9% year-on-year, totaling 789 permits with a value of €445.2 million and an area of 346,700 m², supporting 1,755 dwelling units.

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The Statistical Service announced that in January 2026, a total of 789 building permits were authorized, representing a 76.9% increase compared to January 2025.

The total value of these permits reached €445.2 million, with a combined area of 346,700 square meters. These permits support the construction of 1,755 dwelling units.

Breakdown by project type shows increases across residential, non-residential, civil engineering, plot division, and road construction permits. The number of residential permits increased by 89.3%, with a corresponding rise in area (112.3%) and value (113.9%).

Details include:

Regarding residential buildings, 399 units were single houses (+39.4%), 0.8% were two-unit buildings, and 137.5% were residential/commercial apartment blocks, totaling 1,755 units, a 109.4% increase from January 2025.

Data collection transitioned to electronic processing via the ‘Ippodamos’ system from July 2024, with data covering permits issued by local authorities and the new Local Government Organizations.

For more information, visit the CYSTAT Portal.

Read the Original: Government of Cyprus on May 14, 2026
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