Cyprus Mail
Business Property

November property transactions rise 21% boosted by external demand

By Stelios Orphanides

For a third consecutive month, the number of property transactions rose 21 per cent to 446 in November compared to the respective month of 2015, boosted by increased sales in coastal districts amid rising external demand, the department of lands and surveys said.

A total of 137 properties changed hands last month in Limassol alone, which was 33 per cent more compared with the previous year, the department said in a statement on its website on Wednesday.



Related posts

Hotel discounts expected to continue through the winter — Tourism Minister

Andrew Rosenbaum

Cyprus sees growing uncertainty about the economy

Andrew Rosenbaum

Container shipping booms on US demand, but decline expected

Reuters News Service

Global foreign direct investment halved in first six months of 2020 – U.N.

Reuters News Service

Private jet travel recovers to fill flights gap

Reuters News Service

Turkey: Countdown to balance of payments crisis

Andrew Rosenbaum