A
Anatoliy 1
New Member
It seems that Cyprus real estate has stopped falling. Is it the right time to buy?
The volume of new builds is nowhere near as much as in the boom time. However there seems to be enough demand for the properties which are being built as they do sell fairly quickly. There are different groups of buyers who have different criteria. Retirees from European countries tend to look for resales with title deeds these days while investors who are looking to gain PR or citizenship are going for new builds.Surely flooding the market with new developments will not help in the long term?
Very good question but I am not sure since I am not too familiar with best Cyprus real estate niche, specialized property market, and projected forecast real estate demand. I guess have searched for the real estate investment market outlook report but could not find any.
Thanks for your insight
There is a very interesting project which is in the very early stages of a purpose built retirement village. This project is aimed at older people with a great lifestyle plan in place to make retirement more active with as much or a little assistance as the individual needs.Very good question but I am not sure since I am not too familiar with best Cyprus real estate niche, specialized property market, and projected forecast real estate demand. I guess have searched for the real estate investment market outlook report but could not find any.
Thanks for your insight
I agree, reunification is very unlikely to happen for a long time, if ever. turkey has too many unreasonable demands.From what I read even if the oil and gas industry was not as buoyant as some are predicting, Cyprus property still offers extremely good value at these levels. On a separate subject, I think the unification of Cyprus is a non-starter despite all of the hope in the press in the last 12 months.
I have no idea about the illegally occupied North. As for the Republic of Cyprus there is a big range of rental yields depending on the type of property and the location. Properties on the coast command very high rents as do properties in Limassol which has a lot of Rich Russians.What kind of yields are available on buy to let properties in Northern and Southern Cyprus?
Very good question but I am not sure since I am not too familiar with best Cyprus real estate niche, specialized property market, and projected forecast real estate demand. I guess have searched for the real estate investment market outlook report but could not find any.
Thanks for your insight