2010 Increase in Cyprus property sales
ACCORDING to figures published recently by the Cyprus Department of Lands and Surveys, there was a 25% increase in the number of properties sold this year compared to the number sold in the corresponding month last year. However with a crashed property market and some of the best investment property opportunities in the word today the sales are starting to increase, slowly but surely! In the last few months there are signs that the market here is going to show an upsurge over the next few months as people realise what great bargains there are to be had here and the uncertainty of title deeds issues becomes better!
If you want that bargain property, a golf villa, investment or luxury property, then this is the time to buy it!
Overall, 20 - 000 contracts of sale were deposited at Land Registries throughout Cyprus in January 2010, compared to 458 in January 2009. Unfortunately, the Land Registry figures do not identify the ‘type’ of property that was sold and so this number will include sales of retail, warehouse, office property and land as well as apartments and houses.
Some property developers have been offering discounts of up to 40% on a number of their completed and near-completed projects in attempts to attract buyers and British expats have been selling their homes at realistic prices and returning to the UK. ON TOP OF THIS SIMILAR PROPERTIES ARE SELLING AT LESS THAN HALF THE PRICES THEY WERE 18 MONTHS AGO! THERE ARE SOME INCREDIBLE PROPERTY INVESTMENT OPPORTUNITIES AVAILABLE DUE TO THIS AND MANY OTHER FACTORS!
See the other factors which are allowing some incredible investment opportunities!
Feel free to contact us with your queries... looking for an off-plan purchase, need help with a resale, rental advice, or assistance with furnishing and finishing your property?... we will be happy to offer our services. But most of all if you are interested in any of the properties featured, do not hang about or they will be gone, because if you have been looking for properties here you will know how good the deals are!
2010 - 2011 Increase in Cyprus property sales,
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