Offshore Finance Guides

Living Abroad Guides

Buying Property Abroad Guides

Latest Article

Update on the Cyprus Property Market

Taking a look at how the property markets in Northern Cyprus and the Republic of Cyprus have fared to date and the forecasts for the future

Published in: Property in North Cyprus - Tue, March 24, 2009

Update on the Cyprus Property MarketNapoleon Hill, the author of ‘Think and Grow Rich’ was once quoted as saying “opportunity often comes disguised in the form of misfortune, or temporary defeat”.  The property market in Cyprus would seem to reflect these words!

Between 2003 – 2007 property prices in Cyprus increased an impressive 65% according to data from the Central Bank of Cyprus, but 2008 saw falls of up to 25% on some properties.  There was also a drop of 27.9% on the number of sales completed between January to November 2008 compared to the same period in 2007, and a 60.5% decline in November 2008 alone. 

A 2008 survey of 20 Cypriot developers carried out by StockWatch shows that 16 of the 20 are expecting further property price falls in 2009, and a number reported no sales at all in 2008!  So does this mean that it is all doom and gloom for Brits who are in the Cyprus property market or who are considering buying a home in Cyprus?  In this update on the Cyprus property market we concentrate mainly on the figures and statistics from the south of the island…

Read full article...

Further Articles

Why Property in Cyprus will Avoid the Credit Crunch

Looking at why the property market in Cyprus has compelling reasons supporting its continued health

Cheap Properties in North Cyprus

How do you find the cheapest properties in North Cyprus? Valuable tips to help you save money on property in North Cyprus.

Update on the Property Market in Cyprus

News from the property market in South Cyprus where the euro effect, taxation and rental laws are under the microscope

Why Buy ‘Risky’ Property in North Cyprus

If you’re wondering why anyone would be ‘mad’ enough to buy North Cyprus property, discover the reasons for their purchases

North Cyprus: Poised to be Europe’s Number 1 Property Market?

Forbes magazine placed Cyprus as the second most affluent market in Europe, but could North Cyprus become number 1 in 2008?

Good News for Cyprus Property Markets

The imminent resolution of talks for the reunification of Cyprus and the proposed opening of Ledra Street are in the news

Window of Opportunity to Buy Property in Northern Cyprus

Property in North Cyprus will be boosted in price and popularity by election of new president in South Cyprus

5 Top Tips for Finding Property in North Cyprus

How to safely and effectively invest in property in North Cyprus for long term profit potential

Property Buying Process North Cyprus Update

Providing would-be buyers of property in North Cyprus an update to the real estate buying process

The Time to Buy Property in Cyprus is Now

Why now is the right time to consider making an entry into the property market in Cyprus

Cyprus Property More Appealing

Taking a look at what drives ongoing appeal and demand for property in North and South Cyprus

Buying Property in Cyprus Bolstered by Government Support

The Cypriot government is determined to attract more investment to the nation which bodes well for property investors

Buying Property in Cyprus is Getting Expensive

Looking at the property market in Cyprus in particular its price spikes and future potential for investors

Buying Property in Cyprus the Process

Taking a look at the property buying process in Cyprus and in particular, the salient points to watch out for

Why Invest in Golf Property in North Cyprus?

With prices starting below GBP 40,000, golf property in North Cyprus is an affordable investment opportunity with room for growth

Buying Property in Cyprus and the Paphos Market

Taking a look at the Cyprus property market in Paphos where real estate is intensely in demand

Buying Property in Cyprus Remains a Hot Prospect

An overview of the short to medium term potential for the property market in sunny Cyprus

At Last An Easier Way To Buy Property In North Cyprus

The popular on-line magazine About North Cyprus has teamed up with the North Cyprus Property Advisory to provide a free service to all overseas buyers

Invest in Property in Larnaca in Cyprus Today!

Reasons to invest in property in Larnaca in Cyprus today as it is a town under major redevelopment and improvement

Property in Cyprus Enquiries Increase

Enquiries are beginning to increase for property for sale in Cyprus so get in now and book your appointments

Buying Retirement Property in Cyprus

Taking a look at the most important considerations to keep in mind when buying retirement property in Cyprus

Reasons to Buy Property in Paphos in Cyprus

Why property in Paphos makes such a sound investment and lifestyle real estate purchase choice in Cyprus

How to Get a Mortgage to Buy Property in Cyprus

The ins and outs of the mortgage market in Cyprus for anyone contemplating a property purchase in Cyprus

Is Larnaca a Good Place for Investment Property in Cyprus?

A look at the town of Larnaca in Cyprus and what it has to offer a potential property investor

Should I Buy or Rent Property in Nicosia in Cyprus?

A look at the dynamic and varied property market in Nicosia which is the capital of Cyprus

How to Buy Your Dream Property in Cyprus

A comprehensive guide to buying your dream and ideal home in beautiful Cyprus covering the legal process and the fees

SeaTerra North Cyprus Properties

An independent review of the SeaTerra property developments in North Cyprus

Estate Agents in North Cyprus FAQ

What’s the role estate agents in North Cyprus fulfil, what can and will estate agents in TRNC do for you

Buying Property in Esentepe and Tatlisu in North Cyprus

East of Kyrenia in North Cyprus lie the villages of Tatlisu and Esentepe - they very popular places to buy property

North Cyprus Property FAQ

A collection of answers to ShelterOffshore readers’ frequently asked questions about buying property and living in North Cyprus

North Cyprus Property Law

Changes to the legal landscape in Northern Cyprus have positively affected the property market and made it safer to buy

Marina Property and Berths for Sale North Cyprus

Stunning villa home and Mediterranean yacht berths are available for sale in Northern Cyprus offering an investor an incredibly opportunity

Expats Team Up For the Best Property Prices in North Cyprus

British expats in North Cyprus have created a free and innovative property finder service getting fellow expats the best deals

Unwin Estate Agents: Premier Estate Agency in North Cyprus

Profiling the leading estate agents in North Cyprus Unwin Estates for readers seeking a comprehensive North Cyprus property solution

Golf Property North Cyprus

The first golf course has just been constructed in North Cyprus and this opens up a new property investment opportunity

Northern Cyprus Property Bargains

The exciting results of our investigation into whether or not property bargains still exist in Northern Cyprus (they do!)

Nature Bay Village North Cyprus: A Review

An independent review of Nature Bay Village in Northern Cyprus for readers looking for investment property and holiday home opportunities

British Residents Pay Less for Property North Cyprus

For foreign buyers of property in North Cyprus a new free independent service will help them get the best deals

The Orams Case and Property in North Cyprus

The Orams win to secure their property in North Cyprus causes new interest and buying activity in Northern Cyprus

Previous Property in North Cyprus Articles

Why We Recommend HSBC Bank International To Expatriates

Like you, at Shelter Offshore we take expatriate financial security very seriously.

HSBC bank International has over 40 years experience in helping individuals to protect and grow their wealth in the secure offshore jurisdiction of Jersey, one of the World's most respected and well regulated financial centres.

Along with a wide range of offshore services and products, they also offer expert advice to expats in key locations throughout the world.

For more info about HSBC Bank International's offshore services click here!