- Cyprus Property News Magazine - https://www.news.cyprus-property-buyers.com -

More than one thousand new home owners

FIGURES released on Tuesday by the Department of Lands and Surveys show that 1,046 property transfers took place at District Lands Offices throughout Cyprus during September.

So far this year 8,975 transfers have taken place compared with the 5,317 contracts for the purchase of property deposited at the District Lands Offices this year.

Source: Department of Lands and Surveys

The Land Registry’s assessment of the market value of the 7,202 properties transferred so far this year totalled €1,462,442,460.16. This is 7.8% more than the sale price of €1,356,106,366.13 declared by vendors and purchasers.