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Ask Wire: At €27.2 million, the 10 most expensive real estate sales in July

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The value of transactions in the Limassol district amounted to €14.3 million, in the Paphos district to €11.5 million and in the Nicosia district to €1.4 million .

Ask Wire: Στα €27.2 ε κιακιβεπεειιν orτων τοοιο /></p>
<p>The total amount of the 10 most expensive real estate transactions completed in July 2024 reached €27.2 million, with the most expensive sale being a house in Pegia, Paphos district, with a price of €5.35 million, according to a statement from the company Ask Wire.</p>
<p>In the announcement, titled “Residentials dominate July 2024's 10 most expensive real estate sales,” Ask Wire reports that six of the 10 most expensive sales in July were houses and apartments, with the Limassol district accounting for six transactions in the top ten sales. , which is complemented by the provinces of Paphos with three and Nicosia with one transaction.</p>
<p>It is added that the value of transactions in Limassol province amounted to €14.3 million, in Paphos province to €11.5 million. and in the province of Nicosia at €1.4 million.</p>
<p>Furthermore, according to Ask Wire, the 50 largest transactions in July (10 per province) were worth a total of €55.7 million, with the 34 .3% of the value of these to be attributed to the 10 properties in the Limassol district and 30.2% to the corresponding 10 properties in the Pafos district.</p>
<p>The ten most expensive properties in Nicosia province were sold for €8.3 million, and correspond to 14.8%, marginally higher than the ten in Larnaca province, which had a total value of €8.2 million. The value of the 10 of the most expensive transactions in the free province of Famagusta was €3.4 million.</p>
<p>Commenting on the above data, according to the announcement, Pavlos Loizou, CEO of Ask Wire said that “six of the 10 most expensive sales in July they involved houses and apartments a trend that we see dominating all 50 most expensive transactions as 30 of them also involve houses and apartments”.</p>
<p>He also states that “in July we see a decrease in the value of high-end real estate value compared to June, which is due to the steep drop recorded by the provinces of Nicosia and Larnaca” and adds that the ten most expensive sales in these two provinces were worth more than €20 million, each, in June, while in July was limited to €8 million</p>
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<div class=Source: www.kathimerini.com.cy

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