Overseas sales of Cyprus property up 50pc

Overseas sales of Cypriot property rose more than 50 per cent in February 2017, despite overall transactions dropping. The island’s housing market has been steadily improving in the last year, after being heavily hit by the financial crisis, with international sales...

November property sales up 46 per cent

he number of property sales in Cyprus continued their upward trend in November with sales rising by 46 per cent compared to November 2015 according to official figures from the Department of Lands and Surveys.THE DEPARTMENT of Lands and Surveys reported a 46 per cent...

October property sales rise 37 per cent in Cyprus

The number of property sales in Cyprus continued their upward trend in October with sales rising by 37 per cent compared to October 2015 according to official figures from the Department of Lands and Surveys. During October a total of 634 contracts for the sale of...

Cyprus: The new construction is gaining momentum

High demand for Cyprus housing stimulates the growth of the construction sector. There are new projects that can meet the demand of buyers with different budgets, says an international professional organization portal Overseas Property Professional. It is noted that...

Foreign buyers driving property recovery

The recovery in the Cyprus property market is being driven by foreign purchasers and is expected to gradually push up prices according to the Chairman of the Cyprus Real Estate Agents Association. CYPRIOTS’ interest in the property market remains low, unlike...