Property sales to foreign investors fall by 76% in Cyprus

Discussion in 'Cyprus Property' started by Nicholas Wallwork, Nov 10, 2009.

  1. Nicholas Wallwork

    Nicholas Wallwork Editor-in-Chief Staff Member Premium Member

    [​IMG]The number of properties sold in Cyprus has declined dramatically so far*in 2009 especially to foreign buyers, the latest statistics show.

    Sales of real estate to foreigners have gone down an astonishing 76%,*the figures from the Land Registry show. Sales to Cypriots are also down*by 28% in the first ten months of this year. Overall all sales are down by*52% compared with last year.



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