From January to November 2022, Russian demand to buy property in Cyprus increased by 14.67% compared to the same period in 2021. However, according to the results of the penultimate month of last year, the dynamics started to decline. informs “Lenta.ru”, which refers to the statistical data of analysts at Skolkovo Realty.
In the January-November 2022 period, the demand for property purchases in Cyprus increased by 14.67 percent compared to the same period in 2021. At the same time, despite the observed growth, demand for real estate purchases in Cyprus in November this year was 31.3 percent lower than in October. Prior to that, the number of requests increased two months in a row,” the article says.
As a result of November, the number of requests from Russians for the purchase of housing in Cyprus decreased by 36.39% compared to the same period of the previous year. At the same time, the demand in November 2022 was 1.5 times the data for the same month of 2020. At the same time, the most important criterion was the budget of the transaction – 68.9% of buyers were guided by this factor when choosing housing in Cyprus, the note states.
December 12, agency TASS transmits research data of international real estate broker Tranio reportedCyprus is among the ten most popular countries for Russians to invest in overseas property. While the leaders in this indicator were Turkey, UAE and Georgia, Spain, Greece, Thailand, Montenegro, France and Indonesia also took place in the top 10.