Continuing rise in property sales (Update)

November 2, 2018

DURING September 2018, the number of property sales contracts deposited at Land Registry offices across the Republic of Cyprus rose 14% compared to September 2017 according to official figures published earlier today by the Department of Lands and Surveys.

Property sales have been rising for 17 consecutive months and this September rise follows a rise of 14% in August, 21% in July and 2% in June.

During September a total of 687 contracts for the sale of residential and commercial properties and land (building plots and fields) were deposited at Land Registry offices, compared with the 602 deposited in September 2017.

Of the 687 contracts deposited, 302 (44.0%) were for properties purchased by non-Cypriots.

Continuing reading at source:  Cyprus Property News