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Old 29-10-2007, 11:50 PM
susieV3 susieV3 is offline
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Join Date: Oct 2007
Posts: 14
Default Off Plan In Cyprus - Still Worth It??

Hi

Considering an off plan apartment in Cyprus (South), love the Country & may retire there eventually..........bit concerned about all the negative feedback..have been there myself about 6 times, had good look around.....re-sales much cheaper......not sure they are selling well.......is rental income not so good now then?? (mine would be in 1 years time for rent)

There is alot of building still going on!.......so will the Euro in 2008 help or hinder property owners in Cyprus????.........is it worth me buying at all??.....with a view to eventually going there to retire.........have some Cypriot friends I have spoken to.....they are not sure, although the new Marina will eventually be built + new Golf courses..........

IS IT WORTH IT??.......will RENTAL pay mort???.......would I get a realistic return if I bought from a large, well known developer, who deals with the rentals as well???..............done lots of homework & visiting there again soon..........any advice from ex-pats who have done this already, and living in Cyprus??...any advice (only from those who are not developers, estate agents or the such please!!!!!!!!!)

Look forward to hearing comments off those with true experience!

Thanks

Sue
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