Paphos Remains the Most Popular Spot for Overseas Buyers and Celebrities

Paphos Remains the Most Popular Spot for Overseas Buyers and Celebrities

Real Estate Monday, 02 December, 2019

Beautiful and picturesque Paphos as the new cosmopolitan region in Cyprus is once again becoming the attraction for the majority of the European and Non-European buyers and especially for celebrities and Royals. The historic town of Paphos and the entire natural province is the safest and most secure area on the Island, for the whole family.

Paphos is in the lead for the period January- October 2019 by 41.7% in comparison to Limassol which follows with 27.6%.   Larnaca is 3rd with 16.3% and lastly Famagusta with 7.5% and Nicosia with just 6.9%.

Sales during the first ten months of 2019 rose 14% compared to the same period last year. Total sales until the end of October stood at 8549 up the 7517 last year. Domestic sales rose by 22% and Sales to EU and to NON-EU nationals by 5% compared to the same period last year.

For many property buyers and investors Paphos seems to be amongst other elite new and trendy Cities, emerging as an increasingly attractive destination. 

Source: Gold News 


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