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Real Estate Briefing - Categorized | Construction, Residential property Watch

Cyprus: Residential property construction slows

Posted on 14 August 2009

From Cyprus-property-buyers.com: According to the latest figures from the Cyprus Statistical Service (CYSTAT) building permits for the construction of 1,191 residential properties were authorised in May 2009; down by more than 30% on the 1,715 authorised in May last year.
The Statistical Service announces that the number of building permits authorized by the Municipal Authorities and the District Administration Offices during May 2009 stood at 830…………Full Article: Source

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