Paphos Remains the Champion in Sales to Overseas Buyers and Investors

21/05/2019
 
Beautiful and picturesque Paphos as the new cosmopolitan region in Cyprus is once again becoming the attraction for the majority of the European and Non-European buyers and entrepreneurs. The historic town of Paphos and the entire natural province is the safest and most secure area on the Island, for the whole family.

Paphos is in the lead as the most popular district for overseas buyers and investors especially from Europe and Non-Europeans for the period January- March 2019 by 42.2% in comparison to Limassol which follows with 27.3%.   Larnaca is 3rd with 15.6% and lastly Famagusta with 7.6% and Nicosia with just 7.3%.

Sales during the first third of 2019 rose 23% compared to the same period last year. Total sales until the end of April stood at 3423 up the 2784 last year. Sales to EU Nationals have risen 17% compared to the first four months of 2018 and sales to non EU Nationals have rizen 9% compared to the same period last year.

For many property buyers and investors Paphos seems to be amongst other elite new and trendy Cities, emerging as an increasingly attractive destination.
 
Photo: Paphos remains the most popular district to overseas buyers especially to Europeans  
 

 


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