Cyprus property sales surge in May

June 10, 2019

MAY saw another surge in the number of Cyprus property sales during May compared to the corresponding month last year, with the number of contacts deposited at Land Registry offices up 72% according to official figures published by the Department of Lands and Surveys.

During May 2019 a total of 1,423 contracts were deposited for the sale of commercial and residential properties and land compared with 828 in May 2018 – and the largest monthly figure recorded since July 2008 when 1,542 contracts were deposited.

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