Cyprus Approves 16,171 New Homes in 2025 as Permits Jump 19.5%
Cyprus issued 8,159 building permits in 2025, 19.5% more than in 2024, according to the Statistical Service. The permits provide for 16,171 dwelling units, a rise of 42.7% that points to a growing pipeline of new homes.
By RealDeal team · 2 min read · Published 8 Apr 2026 · Updated 8 Oct 2026
Cyprus issued 8,159 building permits in 2025, up 19.5% from 6,827 in 2024, the Statistical Service (CYSTAT) reported on 7 April. The permits provide for 16,171 dwelling units, 42.7% more than the 11,329 approved a year earlier. The total value of permitted projects rose 37.8%.
2025 at a glance
| Indicator | 2025 | Change vs 2024 |
|---|---|---|
| Building permits | 8,159 | +19.5% |
| Dwelling units | 16,171 | +42.7% |
| Total area | 3.27 million m² | +41.0% |
| Residential area | — | +45.4% |
| Non-residential area | — | +19.8% |
Source: CYSTAT, via Cyprus Mail and dom.com.cy.
December alone brought 819 permits worth €415.4 million, covering 328,800 m² and providing for 1,770 dwelling units.
Apartments lead the pipeline
Data for January–October 2025 show where the growth came from. Apartment buildings accounted for 8,519 approved units, up from 5,958 a year earlier. Single houses rose to 3,072 units from 2,350, and two-unit buildings to 949 from 705. Mixed residential-commercial buildings fell to 230 units from 578.
Why permits matter
Building permits are a leading indicator: they show what has been approved, not what has been built. Since 1 July 2024, permits have been issued by the District Local Government Organisations (EOAs) through the Ippodamos system. The figures include demolitions and re-issued permits, but exclude renewals and permits for the division of buildings.
The jump in approved homes comes as demand stays strong: 18,114 sale contracts were deposited in 2025, 15% more than in 2024. The Central Bank of Cyprus has described the supply of new homes as rising only gradually; the permit data suggest the pipeline is now expanding.
What this means
- For buyers, a larger pipeline means more new projects over the coming years, especially apartments.
- For developers and investors, competition in the apartment segment is likely to increase, although approvals do not always turn into completions on schedule.