Cyprus, Nicosia

Housing Sales in Cyprus Exceed €1.9 Billion

29.10.2024 / 15:06
News Category

In the Republic of Cyprus, the volume of new housing sales surpassed €1.9 billion in the first nine months of 2024.

According to the daily newspaper Haravgi, from January to September 2024, 4,335 apartments were sold in Southern Cyprus for a total of €1.45 billion. This represents a significant increase of 27.7% compared to the same period in 2023.

Additionally, local media reported that the number of houses sold during the first nine months of 2024 reached 918, amounting to €457.2 million.

However, compared to 2023, sales of houses have declined by 9.2% this year.

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