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Cyprus Property Market in 2011


Since the beginning of 2011, the sales of residential property in Cyprus have been consistently growing. In June, the number of sales has increased significantly comparing to May of this year. In March and April sales were 908 and 1178 properties respectively. In total from January to June, 6213 units of residential real estate were sold on the island, according to the portal “Cyprus Property Buyers”.

Most of the properties were sold in Nicosia, while the fewest were sold in the Famagusta area.

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