Blog
Larnaca leads apartment sales in H1
August 31, 2023
Larnaca was bustling with investment activity in the first half of the year, with the coastal town performing well across all main real estate categories – particularly apartments.
Citing data from the Land Registry, the Real Estate Registration Council said that 28.7% of all apartment sales (or 627) were in Larnaca, meaning it has surpassed the Paphos district and is now closely trailing Nicosia.
However, it still has some catching up to do with Limassol when it comes to total property transactions, which had a 32.3% share in property sales, as opposed to Larnaca’s 20.9%, ranking it third after Nicosia (25.7%) but ahead of Paphos (16.8%) and Famagusta (4.1%).