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Cyprus Property Buying & Investment Newsletter 22nd January 2009

How has your new year started? I spent the 31st at home watching the festivities over the TV while drinking a cup of tea. At the age of 34 I just couldn’t be bothered to go out. Am I sad?

Last week, however, I went home to see my family in Rochester NY. It was GREAT to see friends/family, find out that I’m going to be an auntie (my sister-in-law is pregnant), and enjoy my mom and Victors cooking. It was -16 degrees and the whole area was completely covered with snow. I saw cousins, grandparents, uncle’s…and really chilled out.

To read more go to: The Cyprus Newsletter

In this months newsletter:

The Cyprus Property Market – where is it headed in 2009? Now that 2008 is behind us, we have the New Year that lies ahead to think and speculate about. Lately, the million dollar question that I’m most often asked is, ‘what’s in store for the Cyprus property market going forward?’

Sterling and the Euro in these tough times I am often asked where I see Sterling going to against the Euro and the likely timescales

Buying Land in Cyprus We all know that the credit crunch has had a detrimental effect on the property market, both in the UK and abroad. As mentioned earlier in this newsletter, Cyprus has not been excluded from this and you now need to be very canny when buying property.

Top Tip : Problems with lawyers You need to retain your own independent solicitor – just phone us on
0207 898 0549 and we can get them to contact you.


Rent or advertise a rental property in Cyprus Do you have a holiday home in Cyprus that you want to rent out? OR Do you want to take a test-drive and stay in a Cypriot holiday home (try before you buy)?

To see the full newsletter go to: The Cyprus Newsletter

Kind regards till next time,

Kim
Cyprus Buying Guide
The Overseas Guides Company Limited.
mailto:Kim@CyprusBuyingGuide.com

 


The Overseas Guides Company Ltd | 1 Lyric Square | London | W6 0NB| UK

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The contents are a general guide only and are not intended to be in substitution for professional advice. All readers are strongly advised to take advice from their solicitor, accountant and surveyor before proceeding with any property purchase.