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The Division of Lands & Surveys experiences that 1,171 property gross sales contracts had been deposited at Land Registry places of work throughout Cyprus in October in contrast with 911 in the identical month final 12 months; an increase of 29 per cent.
Though the variety of property gross sales fell in Nicosia in comparison with October final 12 months, the rose within the different 4 districts. When it comes to the variety of gross sales, Limassol paved the way with 388, adopted by Paphos (269), Larnaca (242), Nicosia (221) and at last Famagusta with 51 gross sales.
Within the first ten months of 2022 a complete of 10,781 contracts had been deposited at Land Registry places of work, an increase of 36 per cent in comparison with the 7,914 deposited throughout the identical interval in 2021, with the variety of gross sales the best achieved since 2008 as soon as once more.
Whereas gross sales within the capital (Nicosia) and Famagusta have seen a small rise this 12 months, gross sales have been steaming forward within the Paphos, Larnaca and Limassol districts the place overseas (non-Cypriot) patrons have a tendency to purchase property.
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