Apartments continued to drive the rising real estate prices in the fourth quarter of 2022, data published by the Aks WiRE Index show, CNA reports.
Annually, average Cyprus real estate prices increased by 9.9% for apartments, 1.0% for houses, and 0.3% for offices, based on the Q4 2022 Ask WiRE property index.
Sales prices also rose by 4.7% for holiday apartments and 0.9% for holiday homes but decreased by 1.4% for retail and 3.7% for warehouses.
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