The number of new building permits issued in Cyprus in April 2017 year increased by 43,8% compared to the same period last year, the Cyprus Property Buyers portal writes with reference to the Statistics Service.
According to these licenses, the total amount of money for construction grew by 68% to € 89,7 million. And the total area of facilities increased by 82,9%, reaching 87 600 sq. M. M.
For the construction of residential buildings in April, 295 permits were issued, 66 for other buildings, 14 for infrastructure projects, 29 for land development and 6 for road construction.