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Cyprus Deals Arrive At Last

1st December 2009 | back to article listings BACK    print this article PRINT

Following on from my previous comments about the Cyprus property market being in denial we have now finally seen developer opportunities at around 40% off previous asking price as we predicted a few months ago. Our Cyprus division expects very substantial sales acting as a clearance house for the last units on many developments over in Cyprus.

Cyprus offers many things for an overseas holiday home buyer with relatively little risk in terms of economy, banks and conflict etc. At these prices we are looking at deals that have not been seen for around 10 years and there is little need to visit more esoteric locations when such an opportunity exists within Europe.

This news story has come from the property investment blog by Stuart Law, CEO Assetz plc.

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