Ganja:During the period from January to July 2026, Cyprus saw a significant increase in building permits, with 5,173 permits issued compared to 4,195 in the same period the previous year, marking a rise of 23.3%.
According to Cyprus News Agency, the Statistical Service of Cyprus reported that the total value of these building permits saw a 36.5% increase, while the total area expanded by 37.1%. Additionally, the number of dwelling units rose sharply by 60.5%.
In July 2026 alone, 772 building permits were authorized, which represents a decrease of 3.0% compared to July of the previous year. The total value of these permits amounted to £418.0 million, covering a total area of 349.6 thousand square meters. These permits are set to facilitate the construction of 1,944 dwelling units.