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Cyprus property transactions plummet



Country:  Cyprus

3 June 2009

The number of Cyprus property sales recorded in May fell by 53.2%, taking the reduction since the beginning of 2009 to 60.7% year-on-year compared, according to the latest Cyprus Land Registry data.

The greatest fall in property sales was recorded in the areas of Famagusta and Paphos, down 71% and 66% respectively, largely due to a fall in demand from overseas nationals. Things were not much better in Larnaca, Limassol and Nicosia, where property sale contracts fell by 66%, 54% and 55% respectively.


See Also:   Cyprus


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Some properties in Cyprus

Peyia, Paphos, Cyprus

Peyia, Paphos, Cyprus

Price: £36,666 (GBP)

Type: Studio

2 studio units available, Close Peyia village, Covered area 40 m2, Balcony 10 m2, Pool, Covered parking, Lift, Fitted kitchen. Built year 2008, Coastal & mountains view.


Universal, Paphos Town, Paphos, Cyprus

Universal, Paphos Town, Paphos, Cyprus

Price: £49,116 (GBP)

Type: Apartment

Bedrooms: 1

* Popular location in the Universal area* 1 Double Bedroom * 1st floor * Covered Area 50sq.m * Fully equipped kitchen * Fully furnished * Built 1995 * Title deeds * No Communal Charge * Viewing recommended * only €59,750220


Kato Pafos, Paphos, Cyprus

Kato Pafos, Paphos, Cyprus

Price: € 65,000

Type:  Apartment

Bedrooms: 2

Located off Tomb of the Kings Road within 5 minutes walking distance of Sea Front, Supermarkets, restaurants, coffee shops, tavernas etc. Ancient sites, churches, the harbour with its imposing castle and many other exciting places are nearby. 220


Tomb Of The Kings, Paphos Town, Paphos, Cyprus

Tomb Of The Kings, Paphos Town, Paphos, Cyprus

Price: £65,833(GBP)

Type: Apartment

Bedrooms: 2

*Title Deeds
*350m to Sea
* 2 Double Bedrooms
*Tomb of Kings Area Close to Amenities
* Family Bathroom


Tombs of the Kings , Paphos, Cyprus

Tombs of the Kings , Paphos, Cyprus

Price: € 69,000

Type:  Apartment

Bedrooms: 1

An excellent ground floor apartment , few years old , in the tourist area of the Tombs of the Kings , fully furnished , close to all the amenities , restaurants , bus stops , hotels , bars , to the beach .


Kato Pafos, Paphos, Cyprus

Kato Pafos, Paphos, Cyprus

Price: € 70,000

Type:  Apartment

Bedrooms: 2

A fully furnished 2 bedroom apartment located in Kato Paphos. The property is 27 years old , is on the 4th floor ,there is no lift , has a wonderful sea views and is within walking distance to the beach and all amenities.


Paphos Town, Paphos, Cyprus

Paphos Town, Paphos, Cyprus

Price: £70,833 (GBP)

Type: Apartment

Bedrooms: 2

Excellent 2 bed apartment in Tomb of the Kings area of Paphos, close to all amenities, title deeds included, 84m2 covered area,3rd floor, lift, balcony, communal pool, parking, solar water heating, shutters , furnished! 220


Tomb Of The Kings, Paphos Town, Paphos, Cyprus

Tomb Of The Kings, Paphos Town, Paphos, Cyprus

Price: £74,166 (GBP)

Type: Apartment

Bedrooms: 2

2 bed townhouse in Tomb of the Kings area,
Large lounge/ Dining area<


Apartment 8 - Agia Irene, Frenaros, Famagusta, Cyprus

Apartment 8 - Agia Irene, Frenaros, Famagusta, Cyprus

Price: CY75,000

Type: Apartment

Bedrooms: 2

Description: Key features:
· In one of the south’s most sought after areas
· Just a 10-minute drive to Ayia Napa, Protaras and Paralimni
· Spectacular sea views
· All amenities close by


Apartment 16 - Agia Irene, Frenaros, Famagusta, Cyprus

Apartment 16 - Agia Irene, Frenaros, Famagusta, Cyprus

Price: CY75,000

Type: Apartment

Bedrooms: 2

Description: Key features:
· In one of the south’s most sought after areas
· Just a 10-minute drive to Ayia Napa, Protaras and Paralimni
· Spectacular sea views
· All amenities close by


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