Cyprus property market holding up despite economic sentiment

02 January 2023

Cyprus property market holding up despite economic sentiment

Association of Real Estate Agents and Entrepreneurs of Cyprus (Skek) president Andreas Kaouris on Thursday said that despite the challenges, combined with the decline in global real estate prices, Cyprus’ property market is holding up, with sales continuing their upward trend.

According to data that Kaouris’ provided during the association’s annual general meeting, real estate sales in the first ten months amounted to 10,781 in total, up 7,914 last year in the corresponding period of time, while the first ten months of 2022 were better than the corresponding period in 2008.
 
 
 
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