{"id":7898,"date":"2024-04-12T15:00:34","date_gmt":"2024-04-12T12:00:34","guid":{"rendered":"https:\/\/ch.jfdi.cc\/?p=7898"},"modified":"2024-04-12T15:00:34","modified_gmt":"2024-04-12T12:00:34","slug":"cyprus-apartment-sales-e154m-in-q4-2023","status":"publish","type":"post","link":"https:\/\/ch.jfdi.cc\/?p=7898","title":{"rendered":"Cyprus apartment sales , \u20ac154m in Q4 2023"},"content":{"rendered":"<div><img decoding=\"async\" src=\"http:\/\/ch.jfdi.cc\/wp-content\/uploads\/2024\/04\/cyprus-apartment-sales-e154m-in-q4-2023.jpg\" class=\"ff-og-image-inserted\"><\/div>\n<p><strong>In Q4 of 2023, two-bedroom apartments were the main attraction for buyers in Cyprus<\/strong>, according to Ask Wire\u2018s findings, which emerge from continuous monitoring of the development of 421 high-end projects across Cyprus.<\/p>\n<div class=\"cypru-video-ads\" id=\"cypru-551083358\">\n<div id=\"cypru-1304570725\" data-cypru-trackid=\"478051\" data-cypru-trackbid=\"1\" class=\"cypru-target\">\n<div id=\"gpt-ad-9670918860462-0\">\n<\/div>\n<\/div>\n<\/div>\n<p>Throughout the last quarter of that year, a total of<strong> 240 sales was completed, amounting to \u20ac154 million in value.<\/strong><br \/>\nSpecifically, in October, 89 transactions worth \u20ac49.6 million were completed, followed by 106 transactions in November, valued at \u20ac76.9 million, and then 45 transactions in December, totalling \u20ac27.2 million.<br \/>\nThese sales corresponded to 240 residential apartment units. Regarding the pricing details, the average sale price per square meter for transactions involving one-bedroom apartments was \u20ac2,749, while for two-bedroom apartments it was slightly higher at \u20ac2,804.<br \/>\nFurthermore, the average price per square meter increased to \u20ac4,293 for transactions involving three-bedroom apartments and soared to \u20ac15,716 for sales of four-bedroom apartments.<br \/>\nDelving deeper, Ask Wire\u2019s findings provide insider information on the prevailing or declining trends in the Cypriot real estate market.<br \/>\nIn addition to basic trends, the company also provides detailed data on the number of bedrooms of residential units for sale, floor level, average price per square meter, specifications, and other useful information that enables the tracking of new projects by unit, developer area, and more.<br \/>\nLooking ahead to the figures for the 206 high-end apartments sold in Q4 of 2024, the data is equally indicative:<br \/>\n<strong>\u2013 One-bedroom apartments:<\/strong> The total value of the 43 apartments reached \u20ac13 million with their average selling price estimated at \u20ac247,900.<br \/>\n<strong>\u2013 Two-bedroom apartments:<\/strong> There were 104 sales of two-bedroom apartments. Their total value amounted to \u20ac56 million, with an average price of \u20ac286,000.<br \/>\n<strong>\u2013 Three-bedroom apartments:<\/strong> Additionally, 59 three-bedroom apartments were sold, totalling a value of \u20ac45 million, with an average selling price of \u20ac535,600.<br \/>\nCommenting on the\u00a0 data, the CEO of Ask Wire, Pavlos Loizou, said, \u201cIt is a tool that irradiates the market and provides investors and developers with the information they dreamed of having. Among other things, they can monitor the competition, identify fluctuations in demand and supply, pinpoint areas of interest, shape their prices, and focus their marketing strategies on the right audiences.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fact: In Q4 of 2023, two-bedroom apartments were the main attraction for buyers in Cyprus, with a total of 240 sales completed, amounting to \u20ac154 million in value.<\/p>\n","protected":false},"author":3,"featured_media":7899,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[1521,312,6105,4658,4950,426,3540,3,2369,4893,3818,250,3330,899,3404,185,1768,5377,3331,683,5838,1033,5402,287,2016,6106],"class_list":["post-7898","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cyprus","tag-1521","tag-apartment","tag-apartments","tag-average-price","tag-buyers","tag-competition","tag-cypriot-real-estate-market","tag-cyprus","tag-data","tag-demand","tag-development","tag-google","tag-google-news","tag-interest","tag-investors","tag-main","tag-marketing","tag-marketing-strategies","tag-news","tag-pavlos-loizou","tag-price","tag-prices","tag-projects","tag-real-estate","tag-real-estate-market","tag-sales"],"acf":{"keyphrase":"","keywords":"","sourceimg":"","country-category":""},"yoast_head":"<!-- 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