Has anybody had any dealings in Cyprus? Looking for a company who I can deal with

Many Thanks

JB

Hi Johnny,

I was very happy with a finder I used for Cyprus, (will be using again), and they don't charge a fee. Very helpful and honest.


Opus

Hi Johnny,

If you are still looking for a company that could help you is called the Overseas Guides Company. They specialize in Cyprus and you can check out

There is lots of useful information and advice including a free newsletter

Hope this helps

Olga

Hi Johnny Philippou Properties based out of London are a superb company, they will take you buy the hand and guide, and advise you on everything you need to know and what you need to do. contact Justin

Hi, what are you looking for? Apartment? House? A place to stay or to invest? I'm from Cyprus and i Live in Limassol, work in Nicosia. There are several good agents here but always make sure that you do your own research for the prices and location. If you interested for something particular i can provide you with the info.

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.

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.

Latchi is quiet - a new highway link to Paphos is under construction that will make it more accessible.

In terms of renting, the buy-to-let holiday home market is saturated. At the moment, there are too many properties chasing too few tourists. Unless you have an outstanding property in an outstanding location - forget it.

One potential investor contacted me with details of one of the many developments under construction in the area. It's about four miles in land - hence a long walk to the beach!

There are a couple of websites I've found that will give you an insight into likely returns on Latchi rentals. Unfortunately, I can't post them (yet) but if you Google "holiday-rentals" and "villarenters", you'll soon find them Once you're in dig around and you'll be able to find rates and availability of properties in the area.

As for 'Guaranteed rental returns' - these are built into the selling price so you're actually paying more for the property than it's actually worth (but made to feel that you're getting a good deal).

Cheers,

Since I posted the message about the new highway yesterday, there now seems to be some doubt as to when it will be finished.

There's an article in the Cyprus Mail - "Government to reassess public works as financial crisis bites" that says:

"Specifically, works for the Paphos-Polis Chrysochous highway would stop, while the decision to add lanes to parts of the Nicosia-Limassol highway would also be put on hold. The report added that construction of the Cultural Centre and the new House of Representatives would also be halted, as would the building of the fishing shelter in Zygi."

If you visit the Cyprus Mail website and search in the archives for 'Chrysochous', you can read the whole article.

Cheers,

I hear Larnaca is a good area to invest, you have Tersefanou, Kiti, Pervolia, Mackenzie that are up and coming areas.

Depends what you are looking for. I have properties in Larnaca and depending where they are ie if there are near a beach they would fetch a good rental rate and would be rented most of the year.

My properties are with a Property Management company based in Larnaca called Key Services. They are a really good company, and they manage my properties an I don't have to worry about them. If you would like to view their services go to google and type Key Services the website will appear