CyprusDevelopers

Supply · 2025

Cyprus building permits in 2025: 16,171 planned homes

Published: Data as of:

Monthly CYSTAT figures sum to 8,159 building permits issued in Cyprus during the full year of 2025, covering 16,171 planned dwelling units. Compared with 2024, permit numbers increased by 19.5% and planned dwelling units by 42.7%.

More homes covered by permits means more planned supply. It does not mean that 16,171 completed homes entered the market in 2025.

Building permits and planned dwelling units, complete calendar years
YearPermitsDwelling units
20218,16410,506
20227,6049,842
20237,17011,041
20246,82711,329
20258,15916,171

Source: CYSTAT, the sum of twelve monthly observations per year. Permits cover construction activity generally; dwelling units are a separate measure in the same table. Neither series records construction completions.

Planned homes increased faster than permits

The 2025 total contained 1,332 more permits than 2024, but 4,842 more dwelling units. The growth rates differ because one permit does not necessarily represent one house or one apartment.

A longer comparison makes the distinction clear. Permit numbers in 2025 were almost identical to 2021: 8,159 versus 8,164. Planned dwelling units were substantially higher, at 16,171 versus 10,506. Permit counts alone do not establish the volume of planned housing.

Why the comparison with 2024 needs context

Permit issuance moved to new district organisations in mid-2024. The series contains an administrative break around June–July, so the 2024–2025 annual comparison should not automatically be read as a pure change in construction demand.

The 42.7% increase is the arithmetic change between annual totals. This table cannot separate shifts in construction plans from the effects of permit administration. Looking at several years together is more informative than relying on one large percentage.

When planned homes become available supply

Permission, construction and completion are different project stages. This series does not report when work began, when homes will be delivered or how many of the permitted units have already been sold.

Rising permit totals therefore do not establish an immediate surplus of completed apartments or an impending fall in prices. Assessing a particular development requires its timetable, construction progress and available units. CYSTAT provides context for future supply; a developer's delivery record needs separate scrutiny.

Sources and calculations