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Building permits value up by 133% in January – April 2019 due to large projects in Limassol
CNA - CYPRUS/Nicosia 11/07/2019 16:14

Building permits value increased by 133% during the period January – April 2019, with the highest value recorded in Limassol district in April 2019.
According to the Statistical Service of Cyprus, during the period January – April 2019, a total of 2,111 building permits were issued compared to 1, 984 in the corresponding period of the previous year, recording an increase of 6.4%.
The total value of these licenses stood at € 1.2 billion compared to € 0.52 billion in the corresponding period last year, recording an increase of 133.4%, while the total area increased by 45.4%. Τhe number of dwelling units recorded an increase of 38,4%. The big increase is attributable to the soar of both the area and the value of the large projects, which reached 82% and 250% respectively.
Of the total value of €1.2 billion, which is the value of building permits for th


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