In 2006 property prices in Cyprus were still skyrocketing and for many of us, the prices were way out of reach. The idea of buying a holiday or retirement home in Cyprus faded into another fantasy. Those who bought homes at the height of the property boom and are trying to sell have now seen their investments turn out to be nothing but a burden, unable to sell them or keep up with the payments. Despite...
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....
by Cleo Shahateet