Prop­erty sales up 54% y-o-y in Fe­bru­ary

Financial Mirror (Cyprus) - - FRONT PAGE -

Prop­erty sales were up 54% year-onyear in Fe­bru­ary, ac­cord­ing to the Land Registry.

The data which re­late to sales con­tracts sub­mit­ted to the Registry rose to 501 in Fe­bru­ary com­pared to 325 in Fe­bru­ary 2014.

Jan­uary saw an in­crease com­pared to a year ear­lier.

In the first two months of the year the con­tracts sub­mit­ted in­creased by 28% to 828 com­pared to 646 in the first two months of 2015.

In Nicosia district, prop­erty sales con­tracts were up by 76%, for a to­tal of 79 com­pared to 45 in Fe­bru­ary 2015. In Li­mas­sol the in­crease was 85%, to 179 com­pared to 97 last Fe­bru­ary and in Lar­naca prop­erty sales were up 52% to 108 in Fe­bru­ary this year com­pared to 71 in Fe­bru­ary 2015, re­vers­ing a drop of 13% in Jan­uary.

In Fa­m­a­gusta district prop­erty sales were up by 30% and in Paphos by 18%.

Newspapers in English

Newspapers from Cyprus

© PressReader. All rights reserved.