Apartments built up a 3rd of authentic estate transactions


A third of all actual estate transactions in Nicosia in the course of the initial quarter of 2022 anxious flats, according to a report by the Council for Registration of Serious Estate Agents printed on Friday.

The initially quarter noticed 1,574 serious estate transactions taking position in the money, which includes transfers and profits, 536 of which concerned residences.

The Nicosia Municipality, Strovolos and Lakatamia saw the lion’s share of transactions, with 105, 105 and 99 respectively.

These were being adopted by Aglantzia with 93, Latsia with 63, and Engomi with 62 actual estate transactions.

Agios Dometios observed the fewest transactions with just 24 staying done throughout this time.

In the meantime, out of all Nicosia locations, regardless of which council they fell below, Agios Demetrios in Strovolos noticed the highest amount of transactions with 56.

This was adopted by Agioi Omologites with 36 and Chryseleousa with 32.

The common value of transactions in the district of Nicosia all through the first quarter was €158,703.

“The Council for Registration of Serious Estate Agents will continue to regularly publish its results in get to boost transparency and supply practical facts to buyers,” council president Marinos Kineyirou claimed.

“Given that the demand for apartments in the capital is consistently increasing, we feel that this details will support all involved, professionals and non-professionals, to have a more complete perspective of the situation in the current market,” he added.