This is what Cyprus Property Buyers, the website dedicated to real estate in Cyprus, reported citing the data provided by the Cyprus statistics service.
Also, in comparison with August 2015, a total amount of money allotted to new buildings’ construction, increased by 38,8% and reached €61,1 million, while a total build-up area went up by 66,7% and amounted to 69,100 square meters.
A total 209 licenses were issued for the construction of residential buildings, 2 – for communal buildings, 69 – for non-residential ones, 12 – for utility facilities, 26 – for plots of land and six licenses were granted for the purpose of road construction.