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Monthly Archives: January 2015

Cyprus Property sales increase

Cyprus property sales increase sales in Cyprus increased 2014 compared previous year fueling speculation among pundits this increase will continue in 2015.

For the first time since 2010 the number of property sales in Cyprus Property sales increase  in 2014 compared to the previous year fueling speculation amongst pundits that that this Cyprus Property sales increase will continue in 2015.

ACCORDING to official statistics published by the Department of Lands and Surveys, property sales in 2014 recorded their first year-on-year increase since 2010, growing by 20 percent to reach 4,527 compared with 3,767 in 2013.
Of those 4,527 properties 3,334 were purchased by Cypriots while the remaining 1,193 were purchased by overseas buyers.

In an interview with StockWatch Solomon Kourouklides, the Vice Chairman of the Cyprus Real Estate Agents Association (CREAA) said “since banks are pushing people in terms of their loan obligations, property sales started in order to make arrangements. As for the developers, interest in property sales is now directed mainly to China”.
Speculating on 2015, Mr. Kourouklides believes that the increase in sales will continue at the level of 2014 due to pressures from the banks.

Is it time to buy your property before Cyprus Property sales increase in 2015 contact us today to see how we can assist you.

We have been acting as an agent for Cyprus property dreams property sale in Cyprus for over 14 years now. Originally from the UK, we pride ourselves on the level of service that we offer to our customers.

We only work with developers & Cyprus registered estate agents that we know have a good reputation and provide a quality buildings check here for current property sale in Cyprus.

We always advise our clients to seek independent legal and financial advice, whilst we’re also there to offer them help at every stage of their purchase. With expert knowledge gained from real years of experience in the Cyprus property dreams properties for sale in Cyprus market, personal stories and testimonials from the people we have helped you are in safe hands when you come to us. We don’t charge you anything for our advice its all free just ask the questions you want answers to about property sale in Cyprus or living in Cyprus ask us to assist you before Cyprus Property sales increase and take advantage of a host of bargains and offers.

Courtesy Cyprus Property News

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