Philenews

Building Permits Up 9%, Significantly More Expensive

Published February 13, 2026, 12:22
Building Permits Up 9%, Significantly More Expensive

An increase in the number, value, area, and housing units of building permits was recorded during the period January-October 2025, according to data released by the Statistical Service. The number of permits increased by 9.0% compared to the corresponding period of 2024, reaching 6,490. The total value of permits increased by 27.7%, while the total area increased by 30.7%. The largest increase was observed in the number of housing units, with an increase of 33.1%. In October 2025 alone, 855 permits were issued with a total value of €447.6 million and a total area of 356.2 thousand square meters, providing for the construction of 1,950 housing units. It is recalled that since July 1, 2024, the authority for issuing building permits has been transferred to the Provincial Self-Governing Authorities (PSA), and the procedures are carried out through the Hippodamus information system. These figures indicate a strengthening of construction activity, especially with regard to value and new homes.