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Paphos, Cyprus Paphos, Cyprus

Paphos Named the Most Popular for International Investors

Paphos as the new cosmopolitan region in Cyprus is once again becoming the attraction for the majority of the European and Non-European buyers and entrepreneurs, according to Leptos Group.

Paphos is in the lead as the most popular district for overseas buyers and investors especially from Europe and Non-Europeans for the period January- March by 40,6 percent in comparison to Limassol which follows with 29,7 percent. Larnaca is thrird with 17,2 percent and lastly Famagusta with 6,6 percent and Nicosia with just 5,6 percent.

Sales during the first quarter of of the year rose 11 percent compared to the same period last year.

Total sales until the end of March stood at 2366 up from the 2129 of 2018. Sales to EU Nationals have risen 13 percent compared to the first quarter of 2018 and sales to non EU Nationals have declined two percent compared to the same period in 2018.