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Foreign property buyers acquire 543 assets in seven months

Foreign property buyers acquire 543 assets in seven months

By Stelios Orphanides

The number of foreign property buyers dropped 8.4 per cent in July to 87 compared with the respective month of 2016, the Department of Lands and Surveys said.

From January to July, the total number of real properties that went into hands of non-Cypriots rose 1.2 per cent to 543 compared with the respective period of 2016, the department said in statement on its website. Limassol attracted 165 foreign buyers, lured to the property market also with visa and naturalisation schemes, followed by Paphos with 114…. [Read Full Article]

 

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