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25th February 2024
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HomeSalesSales growing from strength to strength

Sales growing from strength to strength

Cyprus property sales are growing from strength to strength according to official statistics from the Department of Lands and Surveys.

The total number of property sales (as measured by the number of contracts deposited at Land Registry offices) in February 2023 rose 8% compared to February 2022. This is the highest February figure since 2008.

These contracts will have included houses, apartments, commercial buildings and land.

With the exception of Nicosia, where the number fell by 18%, they rose in all other districts.

In percentage terms, Famagusta led the way followed by Paphos, Larnaca and Limassol (with the highest number recorded in Limassol.)

Cyprus Property Sales - February 2023