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September 16, 2026 · 3 MIN READ · STORY 121

CYSTAT recorded 735 permits worth €428.2 million, covering 352,100 square metres.

What this report covers

The figures cover permits issued in the Republic of Cyprus and do not represent construction in North Cyprus.

Local context

Cyprus issued 735 building permits in May 2026, 21.1% more than a year earlier. Their total value reached €428.2 million and the permitted area was 352,100 square metres, with 1,847 housing units planned.

Who this matters to

For January–May, 3,650 permits were issued, up 32.1%. Total value rose 43.9%, area 43.1% and planned homes 63.7% to 8,978. CYSTAT notes that the new district organisations now process applications through the Hippodamos system, including older backlogged files.

Official source ↗