The Statistical Service announces that the number of building permits authorised during September 2024 stood at 423 compared to 612 in September 2023. The total value of these permits reached €160,5 million and the total area 129,1 thousand square metres. These building permits provide for the construction of 706 dwelling units.
During the period January-September 2024, 5.485 building permits were issued compared to 5.274 in the corresponding period of the previous year, recording an increase of 4,0%. The total value of these permits increased by 8,9% and the total area by 10,6%. The number of dwelling units recorded an increase of 10,0%.
The noteworthy decrease in the number of building permits issued in September 2024 is to a large extent the result of the transfer as from the 1st July 2024 of the authority of issuing building permits from the municipalities and the district administration offices to the newly founded Local Government Organisations (LGOs) and the problems encountered in the operation of the new integrated information system “Ippodamos”.
| Table 1 | ||||
| Type of Project |
Number of Permits |
Percentage Change (%) |
||
|
Sep 2024 |
Jan-Sep 2024 |
Jan-Sep 2023 |
Jan-Sep2024/2023 |
|
| Residential Buildings |
317 |
3.686 |
3.610 |
2,1 |
| Non-residential Buildings |
39 |
915 |
765 |
19,6 |
| Civil Engineering Projects |
19 |
323 |
308 |
4,9 |
| Division of Plots |
45 |
398 |
425 |
-6,4 |
| Road Construction |
3 |
163 |
166 |
-1,8 |
| Total |
423 |
5.485 |
5.274 |
4,0 |
| Table 2 | ||||
| Type of Project |
Area (m²) |
Percentage Change (%) |
||
|
Sep 2024 |
Jan-Sep 2024 |
Jan-Sep 2023 |
Jan-Sep2024/2023 |
|
| Residential Buildings |
124.151 |
1.467.263 |
1.416.396 |
3,6 |
| Non-residential Buildings |
4.832 |
376.793 |
249.986 |
50,7 |
| Civil Engineering Projects |
150 |
7.052 |
6.644 |
6,1 |
| Total |
129.133 |
1.851.108 |
1.673.026 |
10,6 |
| Table 3 | ||||
| Type of Project |
Value (€000’s) |
Percentage Change (%) |
||
|
Sep 2024 |
Jan-Sep 2024 |
Jan-Sep 2023 |
Jan-Sep2024/2023 |
|
| Residential Buildings |
149.089 |
1.741.466 |
1.723.176 |
1,1 |
| Non-residential Buildings |
6.245 |
414.708 |
278.494 |
48,9 |
| Civil Engineering Projects |
1.286 |
136.553 |
92.792 |
47,2 |
| Division of Plots |
3.547 |
30.619 |
37.654 |
-18,7 |
| Road Construction |
374 |
12.255 |
13.383 |
-8,4 |
| Total |
160.541 |
2.335.601 |
2.145.499 |
8,9 |
| Table 4 | ||||
| Residential Buildings |
Number of Dwelling Units |
Percentage Change (%) |
||
|
Sep 2024 |
Jan-Sep 2024 |
Jan-Sep 2023 |
Jan-Sep2024/2023 |
|
| Single houses |
221 |
2.089 |
2.095 |
-0,3 |
| Buildings with two housing units |
28 |
651 |
659 |
-1,2 |
| Residential apartment blocks |
425 |
5.509 |
4.971 |
10,8 |
| Residential/commercial apartment blocks |
32 |
552 |
274 |
101,5 |
| Total | 706 | 8.801 | 7.999 | 10,0 |