Overseas buyers interest in Paphos & Limassol waning - Cyprus Property News
Why is there a reduced interest from overseas buyers in Paphos and Limassol as they are now tending to buy in less expensive districts?
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Why is there a reduced interest from overseas buyers in Paphos and Limassol as they are now tending to buy in less expensive districts?
Property sales to the overseas market continued to stumble in December 2023 with sales falling by 19% compared to December 2022.
Although the number of Cyprus property sales continued to rise in November, there are warning signs that the market is cooling.
The Ontario Superior Court of Justice (Commercial List) has approved two transactions to sell all or substantially all of the assets of BioSteel Canada and BioSteel Manufacturing, LLC.
The latest official sales reveal that overseas buyers account for nearly three quarters of total property sales in Paphos.