{"id":113119,"date":"2025-05-10T21:18:23","date_gmt":"2025-05-10T18:18:23","guid":{"rendered":"https:\/\/www.lamaisonestates.com\/?p=113119"},"modified":"2025-05-10T21:18:23","modified_gmt":"2025-05-10T18:18:23","slug":"cyprus-real-estate-market-reaches-e5-71-billion-in-2024-despite-fewer-transactions","status":"publish","type":"post","link":"https:\/\/www.lamaisonestates.com\/ru\/cyprus-real-estate-market-reaches-e5-71-billion-in-2024-despite-fewer-transactions\/","title":{"rendered":"Cyprus Real Estate Market Reaches \u20ac5.71 Billion in 2024, Despite Fewer Transactions"},"content":{"rendered":"

In 2024, the real estate sector in Cyprus hit a new milestone, with the total value of property transactions climbing to \u20ac5.71 billion \u2014 the highest ever recorded. According to PwC Cyprus, this marks a slight 1% uptick compared to the previous year.<\/p>\n

While the market\u2019s value edged upward, the number of transactions actually dipped. PwC reported 23,900 deals for the year, reflecting a 3% drop from 2023. Still, analysts pointed out that the market remained impressively steady in the face of broader global economic uncertainty.<\/p>\n

Nicosia on the Rise, Coastal Areas See a Dip<\/h3>\n

Transaction activity varied by region. Nicosia stood out as the only district to see growth in the number of sales, posting a 4% increase. On the flip side, coastal cities, including Limassol and Paphos, experienced modest declines in transaction volumes.<\/p>\n

Limassol Leads in Transaction Value<\/h3>\n

When it comes to total value, Limassol retained its title as the island\u2019s real estate heavyweight, accounting for 44% of all property value sold in 2024. Nicosia and Paphos followed in second and third place, respectively.<\/p>\n

PwC Cyprus described the market’s overall performance as “remarkably stable,” especially given the ongoing economic pressures worldwide.<\/p>\n

Source: Cyprus-Mail<\/em><\/p>","protected":false},"excerpt":{"rendered":"

In 2024, the real estate sector in Cyprus hit a new milestone, with the total value of property transactions climbing to \u20ac5.71 billion \u2014 the highest ever recorded. According to PwC Cyprus, this marks a slight 1% uptick compared to the previous year. While the market\u2019s value edged upward, the number of transactions actually dipped. […]<\/p>","protected":false},"author":9,"featured_media":113120,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[211],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lamaisonestates.com\/ru\/wp-json\/wp\/v2\/posts\/113119"}],"collection":[{"href":"https:\/\/www.lamaisonestates.com\/ru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lamaisonestates.com\/ru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lamaisonestates.com\/ru\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lamaisonestates.com\/ru\/wp-json\/wp\/v2\/comments?post=113119"}],"version-history":[{"count":1,"href":"https:\/\/www.lamaisonestates.com\/ru\/wp-json\/wp\/v2\/posts\/113119\/revisions"}],"predecessor-version":[{"id":113121,"href":"https:\/\/www.lamaisonestates.com\/ru\/wp-json\/wp\/v2\/posts\/113119\/revisions\/113121"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.lamaisonestates.com\/ru\/wp-json\/wp\/v2\/media\/113120"}],"wp:attachment":[{"href":"https:\/\/www.lamaisonestates.com\/ru\/wp-json\/wp\/v2\/media?parent=113119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lamaisonestates.com\/ru\/wp-json\/wp\/v2\/categories?post=113119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lamaisonestates.com\/ru\/wp-json\/wp\/v2\/tags?post=113119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}