Buy Cyprus Properties in Paphos Cyprus

RECORD SALES IN MARCH 2023 SINCE THE RECORDS BEGAN

RECORD SALES IN MARCH 2023 SINCE THE RECORDS BEGAN March saw the second highest number of property sales in the month since records began in 2000. On the one hand Cyprus, which has always ‘benefitted’ from trouble in the region, has strong interest from abroad due to Vladimir Putin’s war in Ukraine and also government incentives to attract foreign comp...

Property sales to non-EU citizens more than doubled in the first two months of 2023 compared to the same period in 2022 according to official figures from the Department of Lands and Surveys.

Property sales to non-EU citizens more than doubled in the first two months of 2023 compared to the same period in 2022 according to official figures from the Department of Lands and Surveys. Speaking at the opening of the 5th Property Show, last Friday evening in Nicosia, head of the Department Elikkos Elia noted that non-EU citizens from Russia and the UK were the two l...

The RICS Cyprus Property Price Index with KPMG in Cyprus reveals that property purchase and rental values continued to rise in the fourth quarter of 2022.

The RICS Cyprus Property Price Index with KPMG in Cyprus reveals that property purchase and rental values continued to rise in the fourth quarter of 2022. According to the Index, the fourth quarter of 2022 saw a further increase in the price of residential properties (apartments and houses), both of which continue to be relatively strong performers over the quarter. Offic...

REAL ESTATE SALES CYPRUS 2022

Despite the property market generating €6 billion in sales in 2022, real estate agents expect a challenging 2023. Releasing its quarterly “Real Estate Market Bulletin”, the Cyprus Real Estate Registration Council said that the value of real estate sold last year was €5.85 billion. The Council appeared satisfied, noting that “against ...

13 % INCREASE IN REAL ESTATE SALES FOR NOVEMBER 2022 VS NOVEMBER 2021

Official figures from the Department of Lands & Surveys indicate that the Cyprus real estate was the highest in numbers of property sales in November since 2007. During November a total of 1,293 property sales contracts were deposited at Land Registry offices across Cyprus compared with 1,149 in the same month last year; a rise of 13%. However, the number of sal...

Property sales €1.65 billion in Q3 2022

Despite the adverse economic conditions, the Cyprus real estate market saw a 34% increase in the value of property transactions in the third quarter, rising to €1.65 billion from €1.2 billion in Q2. Real estate expert Marinos Kinaigirou said interest from Cypriot buyers has remained steady while demand from foreign companies is increasing. According to the Departmen...

Sales up 18 per cent in first nine months of 2022

Sales up 18 per cent in first nine months The Department of Lands & Surveys reports that 1,157 property sales contracts were deposited at Land Registry offices across Cyprus in September compared with 914 in September 2021; an increase of 27%. Sales rose in all districts with Limassol leading the way with 398, followed by Paphos (240), Larnaca (226), Nicosia (21...

Cyprus reached a 14 year high in July as measured by the number of contracts deposited at Land Registry offices across the Republic.

Cyprus reached a 14 year high in July as measured by the number of contracts deposited at Land Registry offices across the Republic. Property sales refer to sales of domestic dwellings, retail premises, offices, warehouses and land (fields and plots.) The statistics provided by the Department of Lands and Survey do not differentiate between sales of new and sales of ...

Paphos on its way to becoming higher education hub

American University of Beirut campus a massive boost Paphos mayor Phedonas Phedonos is bursting with pride that a campus of the prestigious American University of Beirut is coming to the city. He’s even prouder that he and the municipality were instrumental in making Paphos the winning location after the mayor learned that AUB was considering establishing a campus in th...

Buy property in Cyprus with Cryptocurrency

Cryptocurrency has exploded in popularity and into the public eye over the past few years. A & C Buy Cyprus Ltd can guide you through the cryptocurrency process on investing in real estate as an alternative to ‘real’ money. Crypto attracts investors and the Cyprus property market also attracts investors. Consequently, we have the knowledge and...