Cyprus real estate market has suprise boost

The early signs are good for the Cyprus real estate market.

In the month of January, based on sales documents filed at the Cyprus land registry, the numbers demonstrate a 54 % rise from 2011.

There were only 522 contracts in January 2011 and this year in Cyprus the amount was 803.

Out of the 803 sales, foregin buyers accounted for 106 purchases.

The most properties sold were in Paphos, with a total of 209.


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