Cyprus Property News for home buyers and real estate investors

Saturday 5th December 2020

Sandra Nebritova

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Draft: Non-EU Property Sales

Foreign (Non-EU) Property Sale Contracts - 2019/2020 Comparison District Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Nicosia 2019 20 17 7 13 25 8 8 8 15 10 6 12 2020 10 11 6 6 7 4 5 3 7 21 6 Famagusta 2019 12 23 15 21 32 10 30 3 14 12 26 15 2020 34 15 15 1 16 4 3 21 23 11 9 Larnaca 2019 48 31 50 49 70 49 51 27 29 56 39 51 2020 50 41 39 11 28 32 40 19 28 38 21 Limassol 2019 69 79 75 116 189 55 82 45 39 54 60 47 2020 54 59 56 37 25 37 43 39 41 104 60 Paphos 2019 101 108 96 107 160 77 103 54 78 61 108 79 2020 73 82 30 27 68 65 43 36 39 76 32 Totals 2019 250 257 243 306 476 199 274 137 175 193 239 204 2020 221 208 146 82 144 142 134 118 138 250 128

Property sales slump 20 per cent

Following the termination of the Citizen-by-Investment (aka Golden Passport) scheme at the start of the month in the aftermath of Al Jazeera Cyprus Papers,...

Larnaca port and marina is a mammoth project

Following a three-year international public tender procurement, the Republic of Cyprus reached an agreement in March with a consortium known as Kition Ocean Holdings...

Silver medal for residence permits

Cyprus finished in the silver medal position for issuing the second highest number of first residence permits to non-EU citizens in the 27 EU...

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