Real estate sales in Cyprus rise slightly but overseas buyers still staying away, latest figures sho

[Nicholas Wallwork]

Property sales in Cyprus are edging upwards, according to the latest official figures to be*published but foreign buyers are still staying away from the Mediterranean island that was once*one of the most popular destinations for overseas investors.

Sales climbed 37% in March compared with the same month in 2009, according to the figures from*the Department of Lands and Surveys. And during the first three months of the year they were up*31%.

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