19% Increase in Property Sales

Property sales in Cyprus increased in March 2016 compared to the same period last year, according to official statistics published by the Department of Lands and Surveys, with sales up by 19%.
The 19% increase in March follows a 54% increase in February and a 2% increase in January. Increases have been recorded for the last seven months and it seems that a recovery in the property market may be underway after years of decline and stagnation, the Cyprus Property News reports.