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Monday 12th April 2021
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Overseas property sales drop 15%

Sales of property in Cyprus to the overseas market fell 15% in November in a continuing trend that started in June following the introduction of stricter criteria for foreigners seeking Cypriot citizenship.

Overseas property sales fall

There was an overall reduction in Cyprus property sales to overseas buyers in October, with sales to EU citizens falling by 9 per cent, while sales to non-EU citizens fell by 25 per cent.

Rise in property sales led by overseas buyers

The rise in Cyprus property sales in October was led by overseas buyers who bought 65 per cent more properties than in the same month last year according to official statistics from the Department of Lands & Surveys.

Rise in overseas property sales continues

The steady increase of overseas property sales Cyprus continued in August according to the latest official statistics published by the Department of Lands and Surveys with sales in Famagusta leading the way.

Overseas Cyprus property sales rocket

The surge in Cyprus property sales in May that we reported last Thursday was helped significantly by a more than three-fold increase in sales to the overseas market according to official figures.

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