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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
Napoleon 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…
Why Property in Cyprus will Avoid the Credit Crunch
Published in: Property in North Cyprus
Mon, June 16, 2008
North Cyprus: Poised to be Europe’s Number 1 Property Market?
Published in: Property in North Cyprus
Wed, April 02, 2008
Window of Opportunity to Buy Property in Northern Cyprus
Published in: Property in North Cyprus
Mon, February 25, 2008
5 Top Tips for Finding Property in North Cyprus
Published in: Property in North Cyprus
Fri, February 15, 2008
Property Buying Process North Cyprus Update
Published in: Property in North Cyprus
Sun, January 20, 2008
The Time to Buy Property in Cyprus is Now
Published in: Property in North Cyprus
Sat, December 29, 2007
Buying Property in Cyprus Bolstered by Government Support
Published in: Property in North Cyprus
Mon, November 19, 2007
Buying Property in Cyprus is Getting Expensive
Published in: Property in North Cyprus
Thu, October 25, 2007
Property Abroad Categories
Buying Property Abroad
Keeping readers up to date with the latest property related news from around the world, and specifically focusing on buying property abroad safely
Featured Property Abroad
Featuring prestigious property developments and homes for sale around the world, and featuring new investment property hotspots and their associated buying processes
Property in Australia
Exploring the property market across Australia, identifying any real estate investment hotspots and examining the property buying process
Property in Belize
Looking at property for sale and rent in Belize, and discussing the purchase process and investment prospects
Property in Bulgaria
Examining whether buying property in Bulgaria is still a good investment choice, and exploring how expats can buy and own real estate
Property in Canada
Opening up Canada’s property market and real estate investment prospects for interested buyers and investors
Property in Dubai
Exploring the sometimes volatile, always exciting property market in Dubai: introducing foreign buyers to the real estate purchase process and property laws in the UAE
Property in France
Discussing all elements of buying a property in France – from where to buy to how much to spend
Property in Ireland
Detailing the highs and lows of Ireland’s property market for expats and real estate investors
Property in Italy
Examining the property for sale in Italy and explaining how buyers and investors can purchase a home or investment property safely
Property in New Zealand
Property in New Zealand is available for sale at prices to suit all budgets, but we show you where to buy which real estate and how the buying process works
Property in North Cyprus
Bringing you the truth about property in North Cyprus, why it can be an exceptional investment, and how to ensure you buy safely and get your title deeds
Property in Portugal
From the Algarve to the Silver Coast, from beachfront homes to investment golf properties, there are all sorts of property for sale in Portugal
Property in Spain
Exploring the ins and outs of buying and owning a property in Spain as an investment choice or as a home for life for example
Property in Turkey
Opening up the property market in Turkey for real estate investors and those seeking a new home in a stunning nation
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