
The Cyprus Statistical Service (Cystat) on Monday reported a significant decline in the number of building permits issued during December 2024.
Specifically, a total of 385 permits were authorised during this time, compared to 587 in December 2023, marking a sharp reduction of 34.4 per cent .
Moreover, the total value of permits issued in December 2024 reached €181.4 million , while the total area covered amounted to 144,900 square