Originally Posted by Nigel Howarth

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,