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Property Sales

Overseas sales maintain slow recovery

The slow recovery of Cyprus’ overseas property market continued last month with sales during the first ten months of the year up by 8 percent on the numbers sold during the first ten months of 2009.

Fears for property crisis heighten

Exceptionally low numbers of properties are being sold in Cyprus compared to previous years heightening fears of a much longer crisis in the Island’s property industry than earlier anticipated.

Domestic property sales decline in September

Figures published yesterday by the Department of Lands and Surveys reveal that the number of properties sold in the domestic market is declining in the second half of the year.

Weak recovery in overseas property sales continues

The weak recovery in Cyprus’ overseas property market continued during September with sales during the first nine months of the year up by nearly 3 percent on the numbers sold during the first nine months of 2009.

Cyprus overseas property market review

It is hard to believe that the Cyprus overseas property market has collapsed so suddenly and so dramatically. In a few short years, sales of property to overseas investors have plummeted significantly compared to the numbers formerly sold.

Weak recovery in overseas property sales

The recovery in the Cyprus overseas property market is still very weak and estate agents are looking for new markets as a result of the drop in demand.

Property sales slump to new low

The number of properties sold in Cyprus during August fell to their lowest level since January 2009 according to figures issued by the Department of Lands and Surveys.

Domestic property sales improve

Although the recovery in Cyprus’ beleaguered overseas property market appears to be faltering, domestic sales are strong with growth so far this year in double-digits.

Cyprus overseas property market recovery faltering

The recovery in Cyprus’ beleaguered overseas property market may be faltering according to the latest figures released by the Department of Lands and Surveys.

Cyprus property sales improving

The number of property sales in Cyprus during the first six months of the year has improved by almost a quarter on the number sold during the first six months of last year. However, they are still less than half of the number sold during the first six months of 2008.

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