The latest data prove that credibility has been successfully restored and investors confidence has been boosted.
Cyprus property sales record a near 9% increase year-to-date. This comes at the back of a +20% sales increase in 2014.
Sales to foreigners (year-to-date) have increased by almost 13%.
October 2015 is also the first month in which the property price has risen (7.4%) [Source: Eurostat]. This is the first property price rise since 2009.
The property market is showing its recovery and it is continuing to play a leading role in Cyprus’ economy.
