Property sales in Cyprus hit highest level since 2007

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Property sales increased in December 2023 compared to the same month in 2022 according to official figures from the Department of Lands and Surveys, with the highest sales being in Nicosia, Larnaca and Famagusta by 40%, 15% and 1% respectively.

During the twelve months of 2023, sales were 15,567; An increase of 16% compared to the 13,409 achieved in 2022, this is an indicator that motivates investors wishing to purchase a property to obtain permanent residency in Cyprus.