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  • 9 December 2019 Villas for rooftops in Cyprus up to twenty six million euro

    Expensive homes and apartments for sale in Cyprus are growing and populating.... read more

  • 29 November 2019 Νέα Πολιτική Αδειοδότησης

    Υφιστάμενη κατάσταση read more

  • 27 November 2019 Property Investment is our Specialization

    Lately, we made a lot of sales in the Commercial Sector as very good bargains... read more

  • 27 November 2019 EU Citizenship by Investment in Cyprus Meetings in Cairo Egypt

    First, let me introduce myself, I am the Managing Director of New Zoe... read more

  • 8 November 2019 Small rise in property sales

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

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 9 December 2019 Villas for rooftops in Cyprus up to twenty six million euro

    Expensive homes and apartments for sale in Cyprus are growing and populating.... read more

  • 29 November 2019 Νέα Πολιτική Αδειοδότησης

    Υφιστάμενη κατάσταση read more

  • 27 November 2019 Property Investment is our Specialization

    Lately, we made a lot of sales in the Commercial Sector as very good bargains... read more

  • 27 November 2019 EU Citizenship by Investment in Cyprus Meetings in Cairo Egypt

    First, let me introduce myself, I am the Managing Director of New Zoe... read more

  • 8 November 2019 Small rise in property sales

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

Small rise in property sales

October saw a marginal rise in Cyprus property sales compared to the corresponding month last year according to the latest official figures released by the Department of Lands and Surveys.

   

OCTOBER saw a small rise of less than 1% in property sales with the total number of contracts deposited reaching 813 compared with the 811 contracts deposited in October 2018 according to the latest official figures published by the Department of Lands and Surveys. Although property sales in Larnaca and Nicosia rose by 38% and 26% respectively, they fell by of 21% in Limassol, 12% in Famagusta and 6% Paphos.

        Total Property Sale Contracts – 2018/2019 Comparison

Property sales – year to date

During the first ten months of 2019, the number of sales has risen by 14% to reach 8,549 compared to 7,517 in the corresponding period last year. Although sales have declined by 1% in Famagusta, they have risen in the remaining four districts. In percentage terms, Nicosia leads the way with sales rising 23% to reach 1,610 compared with 1,314 in the first ten months of 2018. Paphos, which is favoured by overseas buyers, has seen sales rise by 22%, followed by Larnaca and Limassol, where sales have risen by 17% and 6% respectively. In terms of the total number of property sales, Limassol is in first place with 2,937 followed by Paphos with 2,177, Nicosia with 1,610, Larnaca with 1,284 and finally Famagusta with 541.

Read more at: https://www.news.cyprus-property-buyers.com/2019/11/05/small-rise-property-sales/id=00157373
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