Cyprus real estate sector sees massive rise in building permits

Cyprus recorded a sharp increase in building activity during the first quarter of 2026, with the state statistical service (Cystat) reporting that the number of building permits issued rose by a whopping 44.1 per cent compared with the same period last year.

According to Cystat, 776 building permits were authorised during March 2026, with a combined value of €433.1 million and a total floor area of 353,900 square metres....