Cyprus:
Cyprus Real Estate Market - An Overview
06 June 2017
Deloitte Cyprus
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Following the market collapse in 2013, property sales in Cyprus
continue to record growth for the third consecutive year, while
foreign investment in real estate is also picking up. According to
the statistics issued by the Department of Lands & Surveys
(DLS), the number of registered contracts of sale nationally has
increased by 42,5% between 2015 and 2016.
In terms of regional distribution of transactions that occurred
during the first eight months of 2016, Limassol is leading the way
followed by Paphos and Larnaca.
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