According to data released by the Statistical Service of Cyprus, a total of 380 building permits were issued in Cyprus in May 2013, with a total value of 107.8 million euros, a total area of 74,200 square meters, and 308 units. In the first five months of this year, the number of building permits issued in Cyprus decreased by 26.6% year-on-year, the total value decreased by 9.1% year-on-year, the total area decreased by 14.4% year-on-year, and the number of units decreased by 14.0% year-on-year.
Source: Economic and Commercial Counselor's Office in Cyprus
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