Search found 11 matches
- 12 Apr 2013 12:16
- Forum: General Property Questions
- Topic: Is now a good time to buy?
- Replies: 2
- Views: 8148
Is now a good time to buy?
I have been watching the property market for the past 18 months and now feel my time is right to purchase. The intention is to use it as a holiday home for friends and family, but also for holiday rental during high season in order to cover annual running costs. I am a cash buyer so expect to get a ...
- 01 Mar 2013 20:52
- Forum: General Property Questions
- Topic: Property survey
- Replies: 1
- Views: 6014
Property survey
Prior to getting a solicitor involved when planning to purchase a property, I feel it is essential to have a structural survey carried out. Can anyone advise on costs for this (say 3 bed villa with pool) and how/where to find someone (Paphos area)
- 28 Feb 2013 00:10
- Forum: General Property Questions
- Topic: Title Deeds
- Replies: 5
- Views: 11837
Title Deeds
Nigel With all the horror stories of people losing their homes due to developers debts, etc, (where this is no fault of the owner) I am becoming more and more nervous (and wary) of purchasing in Cyprus. One of the fundamental safeguards seems to be to buy a resale property with title deeds. If I buy...
- 27 Feb 2013 23:25
- Forum: General Property Questions
- Topic: Property values
- Replies: 5
- Views: 11540
Re: Property values
". . . . the true state of the market" is what purchasers are prepared to pay now, nothing more and nothing less. Of course it is the decision of the vendor as to whether they want to sell or not. However, supply is massively outstripping demand at present and the gap is growing with more and more v...
- 27 Feb 2013 00:40
- Forum: General Property Questions
- Topic: Property values
- Replies: 5
- Views: 11540
Re: Property values
Thanks Nigel. A good common sense article. I suppose having cash puts the purchaser in an even stronger position.
- 26 Feb 2013 13:31
- Forum: General Property Questions
- Topic: Property values
- Replies: 5
- Views: 11540
Property values
There are many reports stating that property prices in Cyprus have fallen and will continue to fall significantly. Having watched the market over the past 18 months I do not see this being reflected in 'For Sale' prices. For prospective buyers, what would you suggest is a realistic starting point fo...
- 03 Jun 2012 12:18
- Forum: General Property Questions
- Topic: Cyprus property overpriced?
- Replies: 5
- Views: 12898
Re: Cyprus property overpriced?
So you think that properties are realistically priced to achieve a sale in a reasonable time period? If this is the case I will wait until the inevitable crash comes.
- 02 Jun 2012 21:50
- Forum: General Property Questions
- Topic: Cyprus property overpriced?
- Replies: 5
- Views: 12898
Re: Cyprus property overpriced?
Yes, I read the article, makes sense to me.
Given that it is a buyers market and clearly the advertised price is way above realistic, if someone has 'cash' what is a reasonable opening offer in terms of % below asking price? 20-25%?
Given that it is a buyers market and clearly the advertised price is way above realistic, if someone has 'cash' what is a reasonable opening offer in terms of % below asking price? 20-25%?
- 02 Jun 2012 17:28
- Forum: General Property Questions
- Topic: Cyprus property overpriced?
- Replies: 5
- Views: 12898
Cyprus property overpriced?
Whilst those involved in property sales and indeed those that currently own property in Cyprus will like to think advertised prices are realistic, are they really? Some of the key factors which are / will impact upon property prices include: - Greece situation will have a massive effect on the Cypru...
- 13 Apr 2012 19:23
- Forum: Buying Resale Property
- Topic: Am I crazy to even think about buying property in Cyprus?
- Replies: 2
- Views: 15509
Re: Am I crazy to even think about buying property in Cyprus?
Hi Nigel
Thanks for your reply, nice to know I am not totally alone!
I will take onboard all of your advice and indeed take my time.Yes, around Paphos is my preferred area, but not too near the tourist areas. Also we would definitely want a house or bungalow, not an apartment.
Neil
Thanks for your reply, nice to know I am not totally alone!
I will take onboard all of your advice and indeed take my time.Yes, around Paphos is my preferred area, but not too near the tourist areas. Also we would definitely want a house or bungalow, not an apartment.
Neil
- 13 Apr 2012 14:45
- Forum: Buying Resale Property
- Topic: Am I crazy to even think about buying property in Cyprus?
- Replies: 2
- Views: 15509
Am I crazy to even think about buying property in Cyprus?
Hi to everyone. I am new here, looking for some general advice on buying property in Cyprus (or not!) I have been to the island several times for holidays and generally like the place. I am 57 and have taken early retirement, which means i have more time to enjoy holidays abroad. To this end I am th...