Cyprus Property News magazine for overseas buyers & real estate investors

Wednesday 30th September 2020

Property Sales

Property sales collapse hits all markets

The historic collapse of 80 per cent in property sales in April hit the local and overseas market segments according to statistics from the Department of Lands & Surveys.

Historic collapse of property sales

Property sales in Cyprus have collapsed as a result of the coronavirus pandemic to a level only seen once before when the events of March 2013 made Cyprus a household name around the world.

Foreign property sales take a big hit

Sales of property in Cyprus to foreigners took a big hit in March following the blanket ban on passenger flights and other measures introduced by the government to contain the spread of coronavirus.

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