Real estate sales buoyed by overseas buyers

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Real estate sales buoyed by overseas buyers
 © CyprusPropertyNews 2022
Overseas buyers accounted for the 13 per cent increase in April’s real estate sales compared to April 2021 , with domestic sales falling by 3 per cent.

Domestic real estate sales in April, as measured by the number of sale contracts deposited at Land Registry offices , fell 3% compared to April 2021. The only district recording an increase in sales was Larnaca.

Sales during the first four months of 2022 reached 2,300, a 16% increase on the 1,984 achieved during the same period last year.

The falls are probably due to the conclusion of the subsidised purchases through the...

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Article automatically added to our system on Friday, May 13, 2022

Real estate sales buoyed by overseas buyers

Contents of this article including associated images are © CyprusPropertyNews 2022
Views & opinions expressed are those of the author and/or CyprusPropertyNews .

Article Tags: #estate   #sales   #buoyed   #overseas   #buyers  

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