Cyprus real estate market sees 3,534 property transfers worth €517.3 million

02 February 2024

Cyprus real estate market sees 3,534 property transfers worth €517.3 million

The Cyprus Real Estate Agents Registration Council on Friday said that the local property market performed robustly during the fourth quarter of 2023, despite inflationary pressures, high interest rates, and soaring property prices.

According to the comparative property sales data compiled and presented in the council’s quarterly property market update bulletin, a total of 3,534 property transfers were concluded during the fourth quarter of the previous year. The property transfers had a total value of €517.3 million.

 

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