Hi Nigel

The developers are offering free cars?? wow - they must be getting desperate. And 25,000 properties for sale sounds like an enormous amount.. i know when I bought there in 2003 there was a fair bit of new build going on around Limassol but I guess it must have really taken off since I was last there.

Im not planning on selling any time in the near future.. in fact I do hope to move to Cyprus permanantly one day but at the moment its a question of trying to clear off outstanding debts in the UK before I can even consider it... plus of course there is the small matter of what I would actually do when I got to Cyprus employment wise.

I have a place in Bulgaria which I purchased 2 years ago off plan and has just been completed - what a nightmare that has turned out to be - it makes my Cyprus experience seem a piece of cake. Although the price has risen around £10k over the last 2 years there is no resale market whatsoever and the rental market is completely saturated. I have absolutely no bookings/interest for this year (including from friends and family who will not be persuaded to go because the flights are so expensive!).

And as for guaranteed rental - no-one should be taken in by this - I was guaranteed a rental return of at least 15% on my Bulgarian property - now the company cant even find me one rental let alone 15% worth!!