Will British come back again?

Questions about selling property
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stroumpimango
Posts: 4
Joined: 22 Jun 2013 13:26

Will British come back again?

Post by stroumpimango » 21 Sep 2014 08:51

Hi,
We have put our property on the market for three years, and so far I still haven't sold it.
We have very few viewers come each year, and one of the reason I guess, is because the location of our property is in Stroumpi, which is not a problem at all for us.But many people here consider 15-20 minutes driving to the town is a big deal.
We both know, that for most of the Cypriot, Russian and Chinese, they like to live either in the town or closer to the sea. And the only chance that we can sell our property in the mountain area, is to someone from the countries like Britain, or Germany, or Netherlands.
Our different property agents gave us different information. One of them was apparently very optimistic with the British market but so far he has brought only 3 viewers this year. Another agent told us, that most of the buyers nowadays are Russian and Chinese, and British people stop coming to the island. Even they did, instead of buying the property, they'd rather rent a house.
That comes to my question as the topic: Will British people come to Cyprus like they did 10-15 years ago? Somebody say "no", because they have got really sick with all the civil services here. Somebody say "yes", because in the end, Cyprus had much nice climate, kinder taxation and cheaper prices compared with those in the UK.
I would like to hear more professional opinions if anybody here can provide some.
Any other advise for us, to sell a very nice property but in the mountain area( but :-? ) , will be appreciated and more than welcome.
A lot of thanks.



Nigel Howarth
Site Admin
Posts: 2499
Joined: 24 Oct 2007 14:38
Location: Erimi, Limassol, Cyprus
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Re: Will British come back again?

Post by Nigel Howarth » 21 Sep 2014 10:06

Hi stroumpimango

Please do not advertise your property on this forum - please refer to the terms of membership at http://www.cyprus-property-buyers.com/f ... hp?f=1&t=4 - there are plenty of others where you can do so.

Will the Brits return? I'm sure they will eventually when the government sorts out the Title Deed fraud-cum-fiasco and cleans up the industry, but I can't see them returning in the numbers in previous years. Unfortunately the huge amount of building work has littered some of the once pristine areas of the island with unsightly concrete boxes, which detract from its overall appeal.

A friend of mine has a stone village house in Anogyra that has been on the market for quite a while. It even featured in the BBC 2 series ‘Escape to the Continent’ in April. He's still waiting for a buyer.

See if you can find a company that specialises in country houses - hopefully someone will buy eventually.

Regards,


Nigel Howarth
Independent information & advice for Cyprus property buyers
Contact Nigel Howarth
Read the latest Cyprus property news

stroumpimango
Posts: 4
Joined: 22 Jun 2013 13:26

Re: Will British come back again?

Post by stroumpimango » 22 Sep 2014 14:46

Dear Nigel,
I apologize for my ignorance with the terms of member.
And lot of thanks for your precious advices.
By the way, I'd followed your articles on CPN for a while, really appreciate them.
Keep going!



Nigel Howarth
Site Admin
Posts: 2499
Joined: 24 Oct 2007 14:38
Location: Erimi, Limassol, Cyprus
Contact:

Re: Will British come back again?

Post by Nigel Howarth » 22 Sep 2014 15:11

No worries stroumpimango

If I let one advert in I'd be deluged - and probably face investigation by the authorities for illegally operating an estate agent.

I hope you find a buyer soon.

Best regards,


Nigel Howarth
Independent information & advice for Cyprus property buyers
Contact Nigel Howarth
Read the latest Cyprus property news

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