Add listing Log in

Where to find expensive and affordable housing in Cyprus? The report has been published

26.12.2024
Homesoverseas.ru editorial office
196
Limassol and Nicosia are the leaders in terms of real estate sales in Cyprus. From January 2019 to August 2024, 13,415 apartments were sold in Nicosia, while 13,092 apartments were sold in Limassol. At the same time, the prices of the city's facilities are in sharp contrast, which is reflected in the amount of transactions: 2.1 billion euros in Nicosia and 5.1 billion euros in Limassol. Such calculations are provided by the analytical company Ask Wire.

Prices for luxury apartments in Limassol range from 5 million and above, while in the capital you can find affordable options starting from 50,000 euros. Thus, Limassol is a leader in the luxury real estate segment, and Nicosia is in the affordable housing segment. 

The segment of the average price category (from 201,000 to 500,000 euros) also shows the difference between cities.There were 5,467 transactions worth 1.7 billion euros in Limassol, and 2,123 transactions worth 577 million euros in Nicosia.

In detail the results of the year in the Cyprus real estate market were described in the article.

Source: Cyprus Property News

All news by this country
All news
RSS feed
Discussion
Subscribe to Homesoverseas newsletters with new listings
Enter your e-mail:
360 000 €
2 bedrooms
build area 114 sq. m
pool
household appliances
sea/ocean view
garage
seller: RENTSALE
residence+more
from 505 000 €
4 bedrooms
build area 171 sq. m
plot area 305 sq. m
pool
household appliances
sea/ocean view
seller: Bettabilt Homes
residence+more
295 000 €
2 bedrooms
build area 94 sq. m
pool
household appliances
sea/ocean view
golf course
seller: Bettabilt Homes
01 of Mar, Saturday 11:00
International Real Estate Exhibition MIPIF – coming soon in Moscow

MIPIF invites you to visit the international real estate exhibition, which will be held on March 1 and 2 in Moscow!

05 of Mar, Wednesday 11:00
International Real Estate Exhibition MIPIF – coming soon in St. Petersburg

MIPIF invites you to visit the international real estate exhibition, which will be held on March 5 and 6 in St. Petersburg!