Local
articles | 14 December 2015

Cyprus in top ten for property searches

Cyprus is back in the Top 10 for real estate enquiries worldwide it was announced recently by the property website Cyprus Property News.

Cyprus leaped four places to number ten in the November 2015 edition of the ‘Top of the Props’ published by the property portal TheMoveChannel.com, accounting for 2.29% of on-line searches on the property portal.

This is only the second time Cyprus has been in the Top 10 since December 2013 and real estate enquiries have returned to levels last seen in 2013.

Throughout 2014, the island lingered outside TheMoveChannel.com’s Top 10, suggesting the promise of overseas interest in its low-priced real estate, but Cyprus fell even further amid the uncertainty surrounding Greece’s economy: in May 2015, the country tumbled to a record low of 26th in the Top ofthe Props chart, with just 0.27 per cent of enquiries made on TheMoveChannel.com.

It is thought that Cyprus has made a surprising return to the Top 10 thanks to the islands low priced properties attracting foreign buyers.

Source: InCyprus

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