Thread: Cyprus Property
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  #7  
Old 20-03-2008, 10:10 AM
charis charis is offline
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Join Date: Jul 2007
Posts: 13
Default Only for vacation

Latchi is a good place for vacation, a 25-30 minute drive from Paphos, but if you are looking for a long term rental scheme, then it is not a good idea. At least 6 months a year you will have problem renting it.

Furthemore i believe that prices have increased a lot and at te edn you won't make any money in that.

Quote:
Originally Posted by Investing Wisely View Post
Charis,

I have been advised to invest in Latchi, which i believe is on the Southern Western side of Cyprus, could you please advise on what that area is like as you are from Cyprus and will know the area well.

I am keen to invest in Cyprus and was advised on Latchi, any thoughts.

Does anyone else have any recommendations?

I am after an investment property only, something with either a rental guarantee or something i could let out easily via a rental manageent company.
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