Cyprus Real Estate is bought more by foreigners
In 2019, foreigners showed great interest in Cypriot real estate. Of all the objects that were sold over the past year, more than 43.2% were bought by representatives of other states. The remaining 56.8% of transactions fell on residents.
Paphos and Limassol – investor sites №1
According to statistics from the Land Registry Department, representatives of foreign countries most often buy apartments and cottages in resort towns, but they also demand office real estate and land for development. Over the 12 months of last year, foreigners became owners of 4481 houses out of 10,366 sold. At the same time, 1,529 objects were purchased by citizens of the European Union, and the remaining 2,952 – by representatives of other states. […]
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