Record Sales. Growing Popularity of Cyprus Real Estate

Record Sales. Growing Popularity of Cyprus Real Estate

Demand on Cyprus real estate is continuously growing. A record number of sales was reported in May.

A total of 756 transactions were registered in one month time (this is almost 60% more than a year ago), and almost one third of buyers are foreign nationals.

The demand from foreigners is phenomenal. In Limassol, the number of sales to foreigners has increased by more than 400%, and in Paphos the numbers increased six times.