Thread: Am I Too Late for investment in Cyprus?,
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  #55  
Old 27-03-2008, 02:39 PM
Nigel Howarth Nigel Howarth is offline
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Join Date: Feb 2008
Location: Erimi, Cyprus
Posts: 56
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Quote:
Originally Posted by PyramidJames View Post
You Suggest Waiting A Year And The Prices Will Come Down, How Can You Be So Sure.
One of the leading property pundits hear has predicted that property prices will fall by around 10% this year. (The only EU countries where property prices rose last year were Malta & Cyprus).

He also predicted that the number of Brits buying property here will drop by around 20% this year.

There's also a new study out "Cyprus Economy & the Real Estate Market: Analysis of the 2002-2007 period & prospects for 2008-2012".

Cheers,
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