Cyprus building permits rise 21.1% in May 2026
Cyprus issued 735 building permits in May 2026, while permits for the first five months increased 32.1% year on year.
Nicosia, Cyprus. Cyprus recorded a further increase in building activity in May 2026, with 735 building permits authorised, up 21.1 per cent from the same month a year earlier. The permits had a combined value of €428.2 million, covered 352,126 square metres and provided for 1,847 dwelling units.
Five-month figures
From January to May 2026, the number of building permits reached 3,650, compared with 2,764 in the corresponding period of 2025, an increase of 32.1 per cent.
The total value of permits rose by 43.9 per cent to €2.10 billion from €1.46 billion, while authorised floor area increased by 43.1 per cent to 1.70 million square metres from 1.19 million square metres.
The number of planned homes rose by 63.7 per cent to 8,978 units, compared with 5,484 in the first five months of 2025.
Permit categories
A total of 530 residential building permits were issued in May, bringing the five-month total to 2,684, up 31.3 per cent from 2,044 a year earlier.
Non-residential building permits increased by 7.1 per cent to 330 from 308, including 75 issued in May. Civil engineering permits rose by 26 per cent to 213, with 43 authorised during the month.
Permits involving the division of plots increased by 62.6 per cent to 343 from 211, including 73 authorised in May. Road construction permits rose from 32 to 80, an increase of 150 per cent, with 14 issued during May.
Residential floor area
The authorised area of residential buildings increased by 62.8 per cent to 1.54 million square metres, compared with 947,511 square metres a year earlier. Of the total, 309,398 square metres were approved in May.
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