Cyprus Property Market - Is it Stabilizing? Is it the Time to Buy? Have you been wanting to buy a property in Cyprus? If you have been waiting for the prices to bottom out before jumping in and getting yours, then I dare say that it's time. Sure there may be a bit more to go in some areas or with some sellers who are still overpriced but these properties will not sell, not for the prices being asked....
Since 2006, I have kept an eye on the Cyprus government statistical website. I have done so to gain a real understanding of the economic situation in Cyprus. The more knowledge I have the better I am prepared for the road ahead. I subscribed to email updates and I find a lot of great resourceful information about a variety of topics. In the latest email, the theme is "Prices and...
• 3 bath, 5 bdrm 2 story - €1,800,000 EUR- Exclusive Community Paphos, Cyprus - This fabulous villa in the exclusive neighbourhood of Aphrodite Hills which is an award-winning resort with a five-star, golf development close to Paphos, Cyprus. This villa features aesthetically pleasing architecture with the use of traditional stone. Alfresco living can be enjoyed on the large wrap-around covered...
I recently wrote a blog post about home staging and how important it is if you want to sell your property. Today I was watching the Today Show - a popular US morning show and saw an interview with a real estate "guru" who gave her expert advice on what to do or not to do when trying to sell your home. Although the Today Show is US-based, this interview and the advice given applies to Cyprus property...
• 300 sq. m., 5 bath, 5 bdrm 2 story "+basement" - €750,000 EUR - High Quality Construction - NOW SOLD! Agios Georgios, Paphos - A relaxing and beautiful luxury villa. A very short distance from the small fishing harbor of Ayios Georgios which overlooks the Akamas Peninsula and it’s unspoiled beauty is where you can enjoy one of the most magnificent sunsets on the Mediterranean. This villa...
• 170 sq. m., 3 bath, 3 bdrm 2 story - euro;549,000 EUR - Fantastic Location - NOW SOLD Coral Bay, Paphos - There is a real Mediterranean feel to this spacious villa with its white walls, traditional tiled floors and colourful themed interior designs in each room, using lots of sunny oranges, yellows and blues. Located at Coral Bay in a quiet cul-de-sac with open aspects, you are within...
As of today, the basic interest rate for housing loans has been reduced from 4.25% to a very competitive and very low rate of 3.50%. Bank of Cyprus which is the largest banking institution in Cyprus offers it's business clients the opportunity to secure a significant reduction in their existing interest as of today also. Depending on each client's situation will determine the reduction which is...
This has been one of the most hectic summers of my life! Summer is supposed to be when life goes slower in Cyprus, especially in August. Last two years August has been a very laid-back time of year, even though there are many tourists and would-be residents who are looking at Paphos as a retirement or second-home destination. In August, people tend to concentrate on the more important things in life...
• 200 sq. m., 2 bath, 3 bdrm bungalow - €425,000 EUR - Title Deeds - NOW SOLD! Tala, Paphos - Beautifully maintained by the present owners, this detached 3 double-bedroomed bungalow with private swimming pool is situated in a quiet cul-de sac in the sought after established residential area of Stephanie Village, Tala. The property, which has undergone extensive renovations, is situated...
Buying Property in Cyprus is a great investment choice and we discuss various aspects. Lovely Apartment Walking Distance to Bar Street in Kato Paphos (Title Deeds) NOW SOLD! Walk to the Kato Paphos harbour! • 94 sq. m., 2 bath, 2 bdrm 2 story "Nicely cared for building" - €105,000 EUR - With Title Deeds - NOW SOLD! Kato Paphos, Paphos - This impressive two bedroom apartment is...
by Cleo Shahateet
