Status: 
Type: 
Condition:
Area: 
Bedrooms:
Price From: 
Price To: 
 
  


Kissonerga, House
285,000€
CY£166,803


Paphos Town, House
255,000€
CY£149,245
Go!

Tala, House
349,000€
CY£204,261
Go!

Kato Paphos, Apartment
60,000€
CY£35,116
Go!

Mesa Chorio, House
325,000€
CY£190,214
Go!

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FREE NEWS LETTER
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News Letter

25-5-2007
THE CYPRUS FOREIGN MARKET

In our pending Real Estate Property Index, we have included several statistical information, which could be of interest. This statistical information refers to the location preference and the nature of the buyers budgets.

Approximately 20% of the total real estate demand in Cyprus comes from abroad. This is a large percentage, especially bearing in mind the foreign people concentration in certain locations.

45% of the foreign residents are concentrated in Paphos
20% of the foreign residents are concentrated in Limassol
20% of the foreign residents are concentrated in Larnaca
14% of the foreign residents are concentrated in Famagusta
1% of the foreign residents are concentrated in Nicosia

Out of the 20% the various nationalities have different likings regarding locations.

 

PAPHOS

LIMASSOL

LARNACA

FAMAGUSTA

 

2005

2006

2005

2006

2005

2006

2005

2006

British

50%

45%

20%

15%

15%

20%

15%

20%

Yugoslavs

---

---

100%

100%

---

---

---

---

Germans

10%

---

90%

100%

---

---

---

---

Russians

20%

20%

60%

55%

10%

15%

10%

10%

Arabs

10%

10%

80%

80%

10%

10%

---

---

Cypriot

15%

15%

10%

10%

30%

30%

45%

45%

These trends are also expected to alter after the year 2007- 2009, pending the development of the new marinas in Polis and Coral Bay and the new golf courses, again in the Polis area, Paphos.

In terms of budgets, we have noted the following (in thousand pounds).

TOWN

 

British

Yugoslavs

Germans

Russians

Arabs

Paphos

Flat

100-120

    ---

     ---

    ---

    ---

House

150-350

    ---

     ---

250-600

300-350

Limassol

Flat

100-150

60-80

100-150

150-250

150-180

House

150-250

    ---

300-500

250-800

300-600



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Thank you for searching Property in Cyprus. Ultra Properties in Paphos Cyprus are Cyprus property sales consultants. We market new and re-sale property in Cyprus, in our property for sale in Cyprus database you are able to search for property in Paphos Cyprus, property in Limassol Cyprus, property in Larnaca Cyprus and property in Famagusta Cyprus. You are able to view many types of properties for sale in Cyprus, Paphos, Limassol, Famagusta and Larnaca. We have resale properties in Cyprus, off-plan and new properties in Cyprus listed in our database.