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  1. M

    What does the economic situation mean for us?

    Thanks, lets hope both Pafilia and your company keep going and also that Cyprus doesn't lose its tourism that it relies on
  2. M

    What does the economic situation mean for us?

    sorry didn't mean for the capitals, didn't realise I had turned them on!!
  3. M

    What does the economic situation mean for us?

    Pafillia - I know they are in the last stage of getting a division permit to then apply for the deeds but obviously slightly worried now! Thank you for your responses and I do hope you WILL BE OK THROUGH THIS
  4. M

    What does the economic situation mean for us?

    What a horrible situation for such a beautiful country. I realky hope the country and people pull through. Selfishly im worried about our title deeds, we dont have them yet and im wondering whether we will get them if the developer goes bust.
  5. M

    What does the economic situation mean for us?

    hi, as the title says what does the economic situation mean for us with mortgages and property in Cyprus? Assume propertys will devalue but by how much? any impact on mortgages etc? Just wondered what views are Thanks M
  6. M

    To pay off the mortgage or not?

    Great thank you
  7. M

    To pay off the mortgage or not?

    To pay off mortgage or not Hi pippin, thanks for your respone. i dont think i worded my questions correctly. what i would like to know is if we havent got the title deeds and then the developer (Pafilia for us) goes out of business they do we still have claim to our apartment or would a...
  8. M

    To pay off the mortgage or not?

    Hi all, We have a dilema we are thinking through and hoping for some advice. The mortgage on our apartment is now almost £1000 a month so we are thinking about using all of our savings and remortgaging our own house in order to clear the mortgage and lower our combined monthly mortgage...
  9. M

    What's happened to the rental market

    We have been lucky in that we have rented out our apartment in Peyia for the last 2 years since we completed on it. Our tenant is now moving out as she wants a house but we are really struggling to find someone else, the market just seems to be dead. Is anyone else finding this as well or is...
  10. M

    Coral Bay/Peyia/Paphos Investment

    Thanks for the quick response
  11. M

    Coral Bay/Peyia/Paphos Investment

    When it is built will it be in Paphos or Coral bay?
  12. M

    Should I remortgage?

    hi all, I am hoping for a bit of advice. Like many others we have been stung with the downturn in the economy and strength of the pound. So much so that our mortgage payments have gone from £450 to a record high this month of £950!! Our currency is in swiss francs, Now i have read some...
  13. M

    Is there a market?

    Hello, Hoping for some advice. We completed on a new apartment in Peyia Chorio 2 this year but like many people have been impacted by currency fluctuations and our monthly mortgage is now quite high. We have a baby on the way and woud really like to see so ease the finances. Is...
  14. M

    Hi Winston, What type of property are you looking for?would you consider other areas of Cyprus...

    Hi Winston, What type of property are you looking for?would you consider other areas of Cyprus? Due to a new arrival in our family we are looking to sell our apartment much less than the market value, let me know if interested and I'll send details. Thanks
  15. M

    Hi, From your post on the forum regarding prices in sunny beach, are you looking to invest in...

    Hi, From your post on the forum regarding prices in sunny beach, are you looking to invest in sunny beach for a good investment? We have an aaprtment we are selling at below market value as like many others we are feeling the pinch and need to release some of our equity. We have a new...
  16. M

    Has a large developer in Paphos just gone into receivership?

    Hi, if a developer does go bust do you know what that would mean for outstanding title deeds? We have recently completed on an apartment so havent yet got the title deeds -just wondering how that would work if developer went bust?
  17. M

    Selling Property

    That's your opinoin - our apartment is one of the best i've seen in Sunny Beach and we have a renter in from May -September so maybe you need to be more open minded
  18. M

    Selling Property

    Has anyone had any luck recently with selling their apartments? We are looking to a sell a large one bed in sunny beach for £45k - i cant believe its that hard to find a buyer for a property that close to the sea -where else in the world can you get such cheap properties?!!!:)
  19. M

    Furniture Packages in Cyprus

    we recently completed on a one bed in peyia. company called fine homes cyrpus did ours and they did an amazing job, completly trustworthy. we paid 4500€
  20. M

    Can I cut my losses

    Hi, How did you get on? we are in the same position - we would like to walk away becasue our mortgage payment has icnreased so much due to the worsening of the pound but the developer wont consider any more cancellations as too many people have done so already. We are wondering what the...
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