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Building Permits In Cyprus Jump 48.8% In January-February 2026

Early 2026 saw a sharp increase in building activity in Cyprus, with the number of permits issued rising by 48.8% during the first two months of the year, according to the Cyprus Statistical Service.

Substantial Growth In Permit Issuance

A total of 1,500 building permits were issued between January and February 2026, compared with 1,008 during the corresponding period of 2025. These figures point to increased activity in the construction and real estate sectors.

Enhanced Value, Area, And Housing Projections

Growth was also reflected in the value and scale of approved projects. Total permit value increased by 56.5%, while the approved floor area expanded by 54.9%. Based on the permits issued, authorities estimate that 3,463 housing units will be constructed, representing an increase of 79.2% compared with the same period last year.

February’s Standout Performance

February accounted for a significant share of the overall increase, with 711 permits issued during the month. Combined, these permits corresponded to projects valued at €379.9 million and covering 314,700 square meters. The approved developments are expected to result in the construction of 1,708 residential units.

Only 1% Of Cyprus Farms Use Precision Farming Technologies

Cyprus remains one of the European Union’s least digitised agricultural economies, with just 1% of farms using precision farming technologies in 2023, according to Eurostat.

The findings come as the EU continues to encourage the adoption of digital tools aimed at improving agricultural productivity, efficiency and sustainability.

Internet Access Expands, But Digital Uptake Lags

Internet access has improved across the bloc, although adoption remains uneven. Eurostat found that 43% of EU farms had internet access in 2023, with northern and central European countries leading the way.

Denmark, Germany, Slovakia, Latvia, the Czech Republic and Austria all reported internet access rates above 90%.

Greater connectivity, however, has not translated into widespread digital adoption. Farm management information systems, which help farmers manage day-to-day operations, were used by only about 11% of EU farms. France was a notable exception, with around 60% of farms using the technology.

Precision Farming Concentrated In Larger Operations

Robotics adoption also remained relatively limited, with only about 7% of EU farms using robotic technologies. Overall, around 18% of farms with utilised agricultural area employed at least one precision farming technology or practice in 2023.

These included robotics for plant protection, band spraying, variable-rate application, precision crop monitoring and soil analysis. Despite representing fewer than one in five farms, these holdings accounted for around 44% of the EU’s utilised agricultural area.

The figures suggest that precision farming remains concentrated among larger agricultural businesses, where investment in digital technologies is typically easier to support.

Cyprus Lags Behind EU Leaders

Luxembourg, Finland and Estonia recorded the highest shares of utilised agricultural area managed by farms using precision farming technologies, each exceeding 75%.

At the other end of the ranking, Cyprus recorded just 1%, while Greece and Romania reported between 10% and 15%. The results indicate that Cyprus remains at an early stage of digital adoption in agriculture, even as precision farming becomes more widespread across parts of the European Union.

Uol
Aretilaw firm
eCredo
The Future Forbes Realty Global Properties

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