The Cyprus boom has finished. A friend of mine owns some high street Cyprus property shops in the UK and has done very well over 10 years but now he said it's all over.

Mainly down to mass over - supply affecting rentals and property values.

He cited examples of lenders now restricing LTVs significantly. I also see a lot of repossessed auction property there now.

PS, My business partner is Greek Cypriot. He wont invest there now either. He recently bought a villa in Mediterreanean Morocco as did his very wealthy Sister. They were born in S Cyprus and visit all the time but still preferred to invest in the Moroccan Plan Azure resorts which have no compare in Cyprus.

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Been investing abroad a few years. Always amazed people invest in places that produce just a few months rent per year