Building permits issued in 2018 on the rise

Building permits issued in 2018 on the rise

The number of building permits issued in September 2018 (918, according to the State Statistical Bureau) was 5,3% higher than the same month of previous year. The value of the works rose by 57% and accounted for 2,71 billion kuna.

Out of the total number of the permits, nearly 82 percent referred to buildings and 18 percent for all other types of the construction.

In the first nine months of 2018, there were 6.805 building permits issued in total, predicting the value of the works in the amount of 19,9 billion kuna. It is interesting to see that the value of the works on the buildings decreased by 9,4 percent, while the value of the works for other types of the construction increased by 47,9 percent. This could be in connection to the fact that Croatia is again entering some important infrastructure projects, while the housing market remains stable with no mass supplies.

8.478 apartments are to be built according to the permits from January till September 2018, which is 1,8 percent more than in the same period of 2017.