Since 1970
Call us: +357 (24) 822 870 // www.palourtis.com

Newsletter

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 10 September 2019 Many Home dwellers few are the first borrower applications

    Implementation of the Home plan has not begun with the best odds, as... read more

  • 3 September 2019 Home plan from tomorrow for 10 thousand borrowers

    After months of discussions, the Home Plan is being implemented from tomorrow... read more

  • 2 September 2019 July property sales hold steady Update

    The number of Cyprus property sales during July was the same as the number... read more

  • 29 August 2019 Cyprus real estate market review 2018

    In its annual Cyprus real estate market review, PwC reports that the... read more

  • 19 August 2019 Building permits authorised for 907 new homes

    Building permits authorised in Cyprus during May 2019 provided for the... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 10 September 2019 Many Home dwellers few are the first borrower applications

    Implementation of the Home plan has not begun with the best odds, as... read more

  • 3 September 2019 Home plan from tomorrow for 10 thousand borrowers

    After months of discussions, the Home Plan is being implemented from tomorrow... read more

  • 2 September 2019 July property sales hold steady Update

    The number of Cyprus property sales during July was the same as the number... read more

  • 29 August 2019 Cyprus real estate market review 2018

    In its annual Cyprus real estate market review, PwC reports that the... read more

  • 19 August 2019 Building permits authorised for 907 new homes

    Building permits authorised in Cyprus during May 2019 provided for the... read more

Property sales up 51 per cent in June

 

The Department of Lands and Surveys has published its monthly property sales report, which shows that property sales in Cyprus during June increased 51 percent compared to June last year. By: Nigel Howarth Published: Friday 11th July 2014 • Filed Under PROPERTY sales in Cyprus increased for the fourth consecutive month in June with sales increasing in all districts compared to June 2013. During May a total of 403 contracts for the purchase of commercial and residential properties and plots of land were deposited at Land Registry offices across Cyprus; a 50.9% increase on the 267 contracts deposited during the same period last year. In percentage terms, Larnaca performed best with sales increasing by 103% to reach 81 compared to the 40 sold in June 2013. Sales in Limassol increased 88%, while sales in sales in Limassol, Paphos and Famagusta increased 88%, 21% and 13% respectively. Overall sales during the first half of this year have improved 34% compared to the first half of last. And although improvements have been seen in most districts, sales in Paphos have fallen 7%, but if the upward momentum continues they should soon recover. We will publish a breakdown of the sales figures as soon as the Department of Lands and Surveys publishes the relevant data.

Read more at: http://www.news.cyprus-property-buyers.com/2014/07/11/property-sales-51-per-cent-june/id=0017891
Copyright © Cyprus Property News