Extraordinary surge in assets gross sales proceeds

Home income strike a 14 12 months large in April for the fourth successive month as calculated by the variety of sale contracts deposited at Land Registry places of work.

Whole profits arrived at 938 an increase of 13% on the April 2021 determine of 832 and the maximum April figure recorded since 2008.

Whilst sales in Nicosia (the money) fell by 3% and remained steady in Famagusta, they rose in the remaining three districts compared to April 2021. The optimum range of profits was recorded in Limassol, followed by Nicosia, Paphos, Larnaca and at last Famagusta.

Complete Home Sale Transactions – 2021/2022 Comparison

Product sales throughout the very first four months of 2022 attained 3,947 a 40% improve on the 2,817 obtained in the identical period of 2021.