Cyprus House Prices - what real people are saying !!
With house prices falling in U.K. We are wondering how much of a downturn ,if any, there is in the Cyprus property market.
If I was buying here I would offer 20k Euros less than the asking price.
The ‘former soviet union’ economy is booming, so I hear.
It is a trait of Cypriot business that when trade falls off they raise prices to overcome the shortfall, rather than the UK practice of reducing prices to stimulate sales.
Property has gone up 20% just with the poor exchange rate! That’s without any increase in house values!
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