{"id":5960,"date":"2024-03-28T21:01:02","date_gmt":"2024-03-28T19:01:02","guid":{"rendered":"https:\/\/ch.jfdi.cc\/?p=5960"},"modified":"2024-03-28T21:01:02","modified_gmt":"2024-03-28T19:01:02","slug":"paphos-tops-february-property-deals-e4-8-mln-for-plot","status":"publish","type":"post","link":"https:\/\/ch.jfdi.cc\/?p=5960","title":{"rendered":"Paphos tops February property deals, , \u20ac4.8 mln for plot"},"content":{"rendered":"

Paphos and Limassol are driving the island\u2019s property market, according to a monthly survey by Cypriot real estate analytics firm Ask Wire, spotlighting the ten priciest deals in February.<\/p>\n

The top 50 property deals for the month raked in over \u20ac55 mln, with the majority of sales, worth just under \u20ac35 mln, or 63.4%, taking place in Paphos and Limassol.<\/p>\n

The most valuable transaction was the sale of a plot in the Paphos district, valued at \u20ac4.8 mln.<\/p>\n

Paphos district led with five transactions among the top ten sales in February, followed by Limassol with four, and Nicosia with one.<\/p>\n

The top ten transactions totalled \u20ac12.6 mln in Paphos, \u20ac9.8 mln in Limassol, and \u20ac2.75 mln in Nicosia.<\/p>\n

In February, the top 50 transactions, generated over \u20ac55 mln, with 63.4% of this sum emanating from properties in the Paphos and Limassol districts combined.<\/p>\n

Paphos leads top ten<\/strong><\/h4>\n

The top ten highest-priced properties in the Paphos district fetched \u20ac17.5 mln, while those in Limassol amounted to \u20ac17.4 mln, and Nicosia recorded \u20ac9.4 mln.<\/p>\n

In contrast, the ten properties with the lowest values sold in February were in Larnaca district, totalling \u20ac7 mln, followed by Famagusta district with \u20ac3.7 mln.<\/p>\n

Commented on the AskWire findings, CEO Pavlos Loizou highlighted a significant uptick in high-value property transactions compared to January.<\/p>\n

\u201cIf we compare the data to January 2024, we will see that in February, the high-value real estate market experienced a significant increase,\u201d he said.<\/p>\n

\u201cMoreover, the Paphos district continues to demonstrate its robust performance in this market, surpassing Limassol in total sales value, largely due to the highest-priced transaction across the island occurring within this district,\u201d Loizou remarked.<\/p>\n

The following table illustrates the value of the top ten most expensive property sales per district, along with the priciest transaction in each district: <\/p>\n","protected":false},"excerpt":{"rendered":"

– Paphos and Limassol are driving the island’s property market, with the majority of sales in February taking place in these two districts.
\n– The most valuable transaction in February was the sale of a plot in the Paphos district valued at \u20ac4.8 million.
\n– Paphos district led with five transactions among the top ten sales, followed by Limassol with four, and Nicosia with one.
\n– The top ten transactions totaled \u20ac12.6 million in Paphos, \u20ac9.8 million in Limassol, and \u20ac2.75 million in Nicosia.
\n– The top ten highest-priced properties in the Paphos district fetched \u20ac17.5 million, while those in Limassol amounted to \u20ac17.4 million, and Nicosia recorded \u20ac9.4 million.
\n– The ten properties with the lowest values sold in February were in Larnaca district, totaling \u20ac7 million, followed by Famagusta district with \u20ac3.7 million.
\n– CEO Pavlos Loizou highlighted a significant uptick in high-value property transactions compared to January, with Paphos district surpassing Limassol in total sales value.<\/p>\n","protected":false},"author":4,"featured_media":5961,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[682,3,708,2369,2403,1543,970,2515,1823,157,24,406,130,4007,683,3138,3327,284,4009,3989,3539,287,2016,1229,618,4008],"class_list":["post-5960","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cyprus","tag-askwire","tag-cyprus","tag-cyprus-property","tag-data","tag-driving","tag-famagusta","tag-famagusta-district","tag-february","tag-increase","tag-larnaca","tag-limassol","tag-nicosia","tag-paphos","tag-paphos-property","tag-pavlos-loizou","tag-performance","tag-properties","tag-property","tag-property-market","tag-property-sales","tag-property-transactions","tag-real-estate","tag-real-estate-market","tag-survey","tag-top","tag-top-ten-deals"],"acf":{"keyphrase":"","keywords":"","sourceimg":"","country-category":""},"yoast_head":"\nPaphos 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