Cyprus Real Estate Market - An Overview

DC
Deloitte Cyprus
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Deloitte Cyprus is among the nation’s leading professional services firms, providing audit & assurance, tax & legal, consulting, financial advisory, wealth advisory and a complete range of services to international business focusing on accounting and payroll, tax compliance and the formation and administration of companies, partnerships and trusts.
Following the market collapse in 2013, property sales in Cyprus continue to record growth for the third consecutive year, while foreign investment in real estate is also picking up.
Cyprus Real Estate and Construction
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Following the market collapse in 2013, property sales in Cyprus continue to record growth for the third consecutive year, while foreign investment in real estate is also picking up. According to the statistics issued by the Department of Lands & Surveys (DLS), the number of registered contracts of sale nationally has increased by 42,5% between 2015 and 2016.

In terms of regional distribution of transactions that occurred during the first eight months of 2016, Limassol is leading the way followed by Paphos and Larnaca.

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Cyprus Real Estate Market - An Overview

Cyprus Real Estate and Construction
Contributor
Deloitte Cyprus logo
Deloitte Cyprus is among the nation’s leading professional services firms, providing audit & assurance, tax & legal, consulting, financial advisory, wealth advisory and a complete range of services to international business focusing on accounting and payroll, tax compliance and the formation and administration of companies, partnerships and trusts.
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