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Can the overseas property market recover?

Although domestic sales of property in Cyprus improved in April compared to April 2013, overseas sales declined; what can be done to encourage overseas property sales and help the market recover?
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Property sales up for second consecutive month

Property sales in Cyprus improved for the second consecutive month in April with the total number of contracts of sale deposited at Land Registry offices up 9 percent compared to April 2013.
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Property sales jump (updated)

Property sales in March increased 20 percent compared to the corresponding period last year according to official statistics published earlier this week by the Department of Lands and Surveys.
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Property prices set to rise says sales director

Director of sales at BuySell Cyprus Chris Hajikyriacou believes that property prices have bottomed out and should start to rise, warning that if you don't buy now, you're going to miss the boat.
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Sales offer glimmer of hope for property market

Although property sales in Cyprus remain at historically low levels, latest figures from the Department of Lands and Surveys offer a glimmer of hope that the rate of decline may be slowing.
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Property sales going from bad to worse (updated)

Update - 17 February. The Cyprus real estate market continues to decline with property sales in January falling 22 per cent compared to January 2013 according to the latest statistics issued by the Department of Lands and Surveys.
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Cyprus property sales hit new record low in 2013

Property sales in Cyprus fell for the sixth consecutive year in 2013 with sales down more than 80 percent compared with the peak year of 2007 and the lowest number since records began in 2000.
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Fall in property sales continues

Property sales in Cyprus during December fell 23 percent compared with December 2012 although sales in Limassol increased according to latest statistics from the Department of Lands and Surveys.
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Property sales slump slows

Although property sales during the month of November was less than the number sold in the same month last year, the annual rate of decline has slowed to 41 percent according to the latest Land Registry statistics.
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Property sales hampered by inertia and bureaucracy

The latest property sales figures published by the Department of Lands and Surveys paints a dismal picture of the island's property market, but as a registered agent has advised me, inertia and bureaucracy are not helping.
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Property sales crash 44 per cent

The number of properties sold during the first ten months of the year has fallen sharply, down 44 per cent on the numbers sold during the same period last year with no prospects of a recovery in the foreseeable future.
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Nightmare slump in sales continues

Less than three weeks after Cyprus was hailed as the world's weakest housing market, the nightmare slump in property sales continues according to the latest figures from the Land Registry.
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On-going collapse in Cyprus property sales

The number of properties sold in Cyprus continued to fall in August dropping 16 per cent compared with August 2012 according to figures published by the Department of Lands and Surveys.
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July sales boosted by overseas investors

Although the number of properties sold in Cyprus during July fell 13 per cent compared to July last year, they were boosted by an increase in sales to overseas investors in Nicosia, Limassol and Paphos.
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Property sales keep falling (updated)

Property sales in June fell 51 per cent compared with June 2012 according to figures recently published by the Department of Lands and Surveys, with numbers falling in all districts across the island.
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Property sales plumb new depths in May

Property sales in Cyprus during May recorded their biggest decline in recent years with sales declining 75 per cent compared with May 2012 and numbers falling in all districts across the island.
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Home sales hit a record monthly low

With property sales in Cyprus once again hitting a record monthly low in April, there appears to be a growing interest by overseas buyers in the districts of Paphos, Larnaca and Famagusta.
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Property sales collapse as crisis deepens

Property sales in Cyprus plummeted in March as the financial crisis deepened as a consequence of the decisions taken by the Eurogroup to impose savage bailout conditions on the island.
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Hope for property sales in Cyprus

Although Cyprus continues to negotiate a bailout deal with the Troika, there are some early signs that domestic and overseas buyers are returning to Paphos despite the economic uncertainties.
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Property sales in 2012 reached €1.9 billion

Figures released by the Department of Lands and Surveys earlier this week report that property sales in Cyprus reached €1.9 billion in 2012, while more than 100,000 Title Deeds were issued.
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