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The volume of home sales in Cyprus continues to decline

03.12.2010
Homesoverseas.ru editorial office
31
According to official data, in November in Cyprus published on Thursday, December 2, it was registered 714 purchase and sale transactions of property, which is 6% less than in November last year and 4% less than in the previous month. Thus, it reduced sales for the past five consecutive months. Most sales fell in November in Larnaca (-32% compared to November of the previous year) and Famagusta (-25%). while in Nicosia and Limassol, the sale of housing, by contrast, rose by 3% and 6% respectively. Experts attribute this to the fact that the real estate markets of Limassol and Nicosia, are less dependent on sales of summer homes in which crisis has hit the most. In general, for 11 months of this year, sales in the capital of the island and Limassol increased by 16% and 10%, respectively, in Paphos - by 4%, and in the Famagusta and Larnaca, the volume of home sales fell by 1% and 5% respectively. On this Site www.news.cyprus-property-buyers.com
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360 000 €
2 bedrooms
build area 114 sq. m
pool
household appliances
sea/ocean view
garage
seller: RENTSALE
from 380 000 €
3 bedrooms
build area 135 sq. m
plot area 200 sq. m
pool
sea/ocean view
payment by installments
seller: Bettabilt Homes
from 440 000 €
3 bedrooms
build area 191 sq. m
plot area 340 sq. m
pool
sea/ocean view
payment by installments
seller: Bettabilt Homes