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Cypriot Investment Scheme
Repossession Property Yield Properties

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Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 8 November 2019 Small rise in property sales

    October saw a marginal rise in Cyprus property sales compared to the... read more

  • 31 October 2019 Express Evictions For Bad Payers

    Parliament's plenary session on November 22 will put forward a bill tabled by... read more

  • 9 October 2019 Landmark Agreement between Cyprus and the United Kingdom

    FULL details of the landmark agreement between Cyprus and the United Kingdom... read more

  • 3 October 2019 Breaking News Potential Change to Definition of Russian Tax Residency for Individuals

    Individuals spending 90 days a year in Russia, or having their centre of... read more

  • 10 September 2019 Many Home dwellers few are the first borrower applications

    Implementation of the Home plan has not begun with the best odds, as... read more

Sales in Real Estate soar by thirty percent

   

Nicosia: August turned out good for real estate as the upward trend in sales of property continued for another month. Indeed, sales for the month of August registered a rise of 50%, while recorded 451 acts from the provincial land registers. Total for January-August, the number of document pwlitiriwn tabled throughout Cyprus amounts to 4088 3145 against the same period last year showing an increase of 30%. The rise in 2015 compared to 2014 was 9%.

Specifically, with regard to the eight months of 2016, for even a month the greatest increase in the number of document pwlitiriwn tabled holds Limassol, with the growth rate is 38%. Filed a total of 1,350 bills documents of which 129 in August. Be noted that bills of documents filed in August increased by 48%.

At the same time, the positive course of document pwlitiriwn reflected in Famagusta as for the eight months of 2016 the increase exceeded 30%. Specifically, in Famagusta 251 documents tabled bills, an increase of k s 32%. Worthy of mention is that the month of August recorded 193% increase from the corresponding month last year.

Bills of sale documents filed eight months of the year in the capital rose by 26 percent to 640 compared with 506 in the same period of 2015. Only for August filed 64 documents from the corresponding month last year, 37. This is the largest increase in Nicosia since February.

In Larnaca filed a total of 861 documents, recording an increase of 28% from the last eight months. However, the increase for the month of August is very low (8%) compared with last year. The number of document pwlitiriwn submitted in August in Larnaca amounted to 81 from 75 last August.
With the rise of around 55% initiated this year's August bills documents filed at the District Land Office, arriving at 136 against 88 in the same month of last year. Furthermore, the deposit document pwlitiriwn January-September increased by 24%, amounted to 986 versus the corresponding period 794.

In the meantime, significant increase recorded and the properties that are inherited. The period January-August 2016 transferred property worth € 2.21 9,548 billion. compared with € 1.12 billion, 6,162. the corresponding period last year.

PANCYPRIAN DATA TRANSFERS
Jan. – Aug. 2016 Jan. – Aug. 2015
Total number of cases 7973 5694
Total number of pieces 9548 6162
Total total declared amount € 2.21 million. € 1.05 billion.
Total total accepted amount € 2.39 billion. € 1.12 billion.


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