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Cyprus Property Blog by Cleo

Buying Property in Cyprus is agreat investment choice and we discuss various aspects.

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  • Cyprus Property is Hot! There are 20 million northern Europeans (European baby boomers) that will be retiring in the next 4 years which is a great number and many will be British. With warm weather, low crime rate, low cost of living in Cyprus and English speaking population, do you think Cyprus will have enough properties for every one?
Luxury Villas still in High Demand

Despite the downturn of the property market in Cyprus and the world financial crisis the high end properties are still selling. In the Paphos market where the smaller one and two bedrooms are in excess we are in need of some spacious and luxurious homes. The majority of buyers that we currently see are not seeking the small homes but, rather sprawling and exquisite villas with all the bells and whistles. Currently, we have a serious buyer that needs a 6 bedroom villa with tennis courts. We have another serious buyer that wants around 600 square meters of living space and at least 1 or 2 doums of land to cultivate if possible. Most of these buyers also want total privacy and views.

We have a page dedicated to our sellers that gives a description of some prospects and what they are looking for. We have had an influx of prospects and have not been able to list them yet. The details of our high end buyers will be coming soon so if you have a property you think fits any of our descriptions please contact us.

     

Posted: Monday, January 19, 2009 4:03 PM by Cleo Shahateet

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