After a disappointing start to the year, property sales in Cyprus surged in March. 12 months after the country went into lockdown, official figures released today by the Department of Lands and Surveys point out the sudden surge.
During March, the total number of contracts deposited at Land Registry offices for the sale of residential property, commercial property, building plots and land reached 826; a rise of 62 percent compared to the same month last year.
As you will see from the chart below sales during March rose in all districts and, at the end of the first quarter of 2021, they were almost back to where they were a year ago.
