17 November 2016, 18:44

The number of property sales in Cyprus increased by 40% over the year

In October 2016, was conducted more than 600 transactions for the sale and purchase of commercial real estate, residential, and land, which is 40% more than in October 2015. 100% of trades, 75% produced from local investors and 25% are foreigners. The most popular regions of the country is Limassol, Famagusta. Also, a large percentage of sales concentrated in Nicosia and Paphos

In General, sales to foreigners increased by 45% for the year. In the period from January to October 2016, nonresidents purchased real estate 20% more than the same time in 2015. The total number of transactions for the first half of about 1300.

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