According to the Department of Land Resources of Cyprus, in February 2015, the volume of real estate sales rose by 5% compared with the same period last year, in January, the market grew by 10%. This tells the portal Cyprus Byuers the Property .
Total in February Registration Chamber of Cyprus were registered 325 contracts of purchase and sale of commercial and residential real estate and land for construction - compared to 311 contracts a year earlier.
Vice-President of the Association of real estate agencies Pankiprskoy Kuruklides Solomon believes that in the coming months we can expect further growth in sales.
While in Nicosia, the sales volume decreased by 35%, it has increased in other regions of Cyprus. Famagusta has demonstrated better results, and 27 sales, which is 50% higher than 18 sales in the last year in Larnaca sales increased by 42% and amounted to 71 deal, compared with 50 in February 2014. The volume of transactions rose by 8% in the Paphos and Limassol - 2%.
During the first two months of 2015 the total number of transactions reached 646, an increase of 7% compared to 604 transactions in January-February 2014.
HomesOverseas.ru
