Property sales in Cyprus are growing

In July 2016, foreigners bought 191 real estate in Cyprus, according to the Land Department of the country. In general, the sale of real estate on the island this month increased significantly over the same period last year, but most of the transactions accounted for the locals. At the same time, the total number of transactions in the first seven months of 2016 increased by almost 30%, demand for objects of different price segments and cities. The impressive growth of the demand for housing showed Nicosia and Limassol – at 71 and 41 percent, respectively. But the boom in Paphos was not observed, there is sales rose only six percent.

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