Paphos had the lead in purchase contacts to foreign buyers in 2017 by 36% in comparison to Limassol which follows by 33,5 % . Larnaca is third with 16 % and lastly Famagusta with 7,5 % and Nicosia with just 7%.
Property Sales in Cyprus rose 24 % during 2017 (the highest number since 2008) according to official statistics published by the department of Land and Surveys. This follows an annual rise of 43% in 2016 , 9% in 2015 and 20% in 2014.
Property sales to the domestic (Cypriot ) market rose 21 % compared with 2016 and sales to overseas (non- Cypriots) market rose 33% compared with 2016.
Paphos has managed, with the continuous and targeted efforts made by local large property developers, to remain in first position for the whole of 2017 and to attract foreign buyers and investors who expressed their preference mainly in beachfront luxury villas.
The area of Paphos has become the new attraction for Russian , Chinese and Middle East buyers and entrepreneurs. The town of Paphos and the entire province is the safest and most secure area on the island, where one can live, work and holiday.
The perfect climate along with the new cosmopolitan culture in the region has increased the turnout of foreign buyers and investors . Paphos has been identified in 2017 as the best city to buy a holiday home abroad.
Paphos: Paphos Remains the champion in property sales for 2017
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