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Paphos remains the champion in property sales this year Paphos remains the champion in property sales this year

Paphos Named Most Popular City for Overseas Buyers

According to Leptos, Paphos is in the lead as the most popular Cypriot district for overseas buyers from Europe and non-Europeans by 39 percent in comparison to Limassol which follows with 30 percent.

Larnaca is third with 15 percent and lastly come Famagusta with 10.5 percent and Nicosia with just 5.5 percent. During the first seven months of this year, a total of 2,613 property sale contracts were deposited by overseas buyers, with 815 deposited by EU nationals and 1,798 by non-EU nationals.

At the same time, during the same period, the total number of contracts deposited at the Land Registry has risen 23 percent compared to the ones deposited during the corresponding period in 2017. The area of Paphos is once again becoming the new attraction for European and non-European buyers and entrepreneurs, as stated by Leptos.