Real estate sales buoyed by overseas buyers
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...
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