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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