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Building Permits In First Half Of 2021 Mark Significant Recovery
September 23, 2021
Building permits issued in the first half of 2021 marked significant recovery compared with the Covid-hit first half of last year, while exceeding the respective levels of the first half of 2019, according to data released by the Statistical Service of Cyprus (Cystat).
According to Cystat, during the period January – June 2021, 3.990 building permits were issued compared to 3,153 in the corresponding period of the previous year, recording an increase of 26.5%. The total value of these permits increased by 20.5% amounting to €1.34 billion (from €1.1 bl in H1 2020) and the total area by 31% to 1.23 million square metres. The number of dwelling units recorded an increase of 29,8%.