Cyprus Property Market Shows Robustness Amidst Adversity
The Cyprus property market has shown remarkable resilience in the first half of 2024, with property transfers increasing by 8% to reach 9,374 and the transaction value rising to €2.07 billion. Despite a slight decline in sales documents, the second quarter saw a notable 6.3% increase in transfers and a 14.6% rise in transaction value, indicating strong market momentum and robustness in the face of adversity.