Property prices in Cyprus continue falling, latest RICS index shows

Property prices in Cyprus continue falling, latest RICS index shows

Residential property prices in Cyprus continued to fall in the final quarter of 2014 but some local agents are reporting an increase in sales. Average price of houses fell by 1.1% and apartments by 0.7%, according to the latest index from the Royal Institute of Chartered Surveyors (RICS).  The country’s property market was particularly badly hit during the global e...
Real Estate Sunday, 13 December, 2015
November property transactions rise 21% boosted by external demand

November property transactions rise 21% boosted by external demand

For a third consecutive month, the number of property transactions rose 21 per cent to 446 in November compared to the respective month of 2015, boosted by increased sales in coastal districts amid rising external demand, the department of lands and surveys said. A total of 137 properties changed hands last month in Limassol alone, which was 33 per cent more compared with the ...
Real Estate Wednesday, 09 December, 2015
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