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Cyprus property sales fell again

13.12.2011
Homesoverseas.ru editorial office
36
The number of sales in Cyprus continues to fall, according to the online source OPP . According to the Land Department of the country in November, the total volume of transactions in the country, committed by foreigners decreased by 43% compared with the previous year. The total number of transactions executed in November was 103. According to the Office of Land Resources, for the year the number of sales transactions involving foreigners in Nicosia fell by 80%, in Larnaca - 50%, in Paphos - 40%, in Limassol - on 36% and Famagusta - 4%. indicators are now below the 2009 level. According to real estate experts, the situation is unpredictable. Experts also believe that the reason for the decline is the lack of cash and the difficulties that consumers face in obtaining mortgage loans. HomesOverseas.ru
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360 000 €
2 bedrooms
build area 114 sq. m
pool
household appliances
sea/ocean view
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seller: RENTSALE
from 440 000 €
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