Insider Business Property sales recover following lockdown easing

Property sales recover following lockdown easing

Property sales island-wide are back to February levels in June following the lockdown brought about by the Coronavirus outbreak, Insider reports.

According to data from the Lands and Surveys Department, 1296 applications were submitted in June, nearly twice as many as May (626) and more than in February (1216). A total of 4859 applications have been submitted with the Department since the start of 2020.

A recovery in property sales was recorded in all districts as follows:

Nicosia: 471 property sales in June compared to 181 in May. Sales for the year have reached 1476.

Limassol: 335 property sales in June compared to 343 in February. Registrations with the Lands and Surveys Department for the year are now at 1320.

Larnaca: 189 property sales in June compared to 88 in May. Sales for the year are at 832.

Famagusta: 73 sales in June compared to 33 in May. A total of 281 sales have been recorded since the start of the year.

Paphos: 228 registrations in June, up from 142 in May. A total of 950 sales have been recorded since the start of the year.

Top Stories

Major European powers rebuke Iran over uranium metal plans

  Three European powers warned Iran against starting work on uranium metal-based fuel for a research reactor, saying it contravened the 2015 nuclear deal and...

Slippery roads near Troodos following hailstorm

  Police are calling on drivers to be extra careful on Troodos after a hailstorm has made many roads slippery, particularly Karvounas-Troodos, Prodromos-Troodos and Platres-Troodos. Crews...

German FM travels to Ankara on Grecoturkish energy confrontation

  Germany is launching yet another mediating effort over Grecoturkish natural gas differences in the Eastern Mediterranean, as foreign minister Haiko Maas travels to Ankara...

Russia to reopen air travel with Finland, Vietnam, India and Qatar

  Russian authorities said that flights between Moscow and the capitals of Finland, Vietnam, India and Qatar, suspended since the early weeks of the pandemic,...

At least five dead after suspected gas leak at Italian nursing home

  At least five people have died at a nursing home in Italy from suspected carbon monoxide poisoning, local media and officials said. The incident happened...

Taste

Squash soup

Ingredients: 1 kg pumpkin, cut into small cubes, approximately 5 cups 2 medium (400g) sweet potatoes, cut into cubes, approximately 2 ½ cups 1 chopped leek, only...

Mezedes

No visit to Cyprus is complete without enjoying the traditional meal of many small dishes known as ‘meze’. This large feast, which has been a...

Prawns with fried cheese, barley shaped pasta

Put the barley shaped pasta into a small pan with salted water, bring to a boil and when tender, drain. Peal the prawns leaving...

Salmon and shrimp sheftalies

Mix all ingredients for tabbouli in a bowl and keep to one side so flavours can combine. Prepare the sheftalies: wash and soak the casing...