S Cyprus Property Sales Surge in January
South Cyprus’ real estate market kicked off the new year with a 21 per cent increase in property sales, compared to the same month last year, primarily driven by Limassol’s record-breaking surge.
January’s total sales reached 1,275 properties, according to the land department, marking a significant uptick from the 1,056 properties sold in the previous year.
Limassol led the way, recording 429 sales this January, up from 315 in the same month last year, accounting for about one-third of the total sales and reflecting a 36 per cent increase—the highest among all districts.
Following closely, Nicosia saw its property sales rise by 13 per cent to 276, up from 244 the year before.
Larnaca also showed significant growth, with sales increasing by 20 per cent to 259 properties compared to 215 in January 2024.
In Paphos, there was a modest rise of 5 per cent, with property sales in January 2025 reaching 255, up from 242 in the corresponding month the previous year.
Meanwhile, Famagusta displayed the most substantial proportional increase, with a 40 per cent surge in sales, marking 56 transactions this January compared to 40 in January 2024.
Source: Cyprus Mail
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