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Cyprus Building Permits Jump 76.9% In January 2026

Significant Uptick In Building Permits

Cyprus recorded a sharp increase in building permits in January 2026, with the total rising by 76.9% year-on-year to 789 permits compared with 446 during the same month in 2025. Figures released by the Statistical Service point to accelerating construction activity and continued momentum across the property sector.

Residential Impact And Development Projections

Permits issued during January are expected to support the construction of 1,755 residential units, representing roughly double the volume recorded during the corresponding month of the previous year and highlighting the scale of ongoing residential expansion.

Planned developments include 329 single-family homes, 121 semi-detached residences, 1,248 apartments and 57 mixed-use projects, reflecting sustained demand across multiple segments of the housing market, particularly for larger apartment developments and integrated residential projects.

Economic Momentum And Market Overhaul

According to the Statistical Service, the aggregate value of these permits has reached €445.2 million, while the total area covered amounts to 346,700 square meters. These figures represent a 92.9% surge in value and an 82.5% expansion in area on a year-on-year basis, indicating robust economic momentum and an accelerating real estate market.

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.

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