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The Cyprus real estate market

20.01.2009
Homesoverseas.ru editorial office
51
After a sharp rise in prices on the Cyprus property in 2006, its value increased steadily by almost 20% per year. With the onset of the crisis and the departure of most British buyers with real estate market, he moved into a phase of stagnation. In 2008, average prices decreased by 2.2%, and by the autumn of 2009 real estate in major cities cost already at 10%, and in the resorts - up to 30% less than before the crisis. In this case the value of land has hardly changed. According to the legislation, the Russian can get the owner's title (Title Deed) is not more than one property (a house with land or apartment), an area of
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360 000 €
2 bedrooms
build area 114 sq. m
pool
household appliances
sea/ocean view
garage
seller: RENTSALE
residence+more
from 505 000 €
4 bedrooms
build area 171 sq. m
plot area 305 sq. m
pool
household appliances
sea/ocean view
seller: Bettabilt Homes
475 000 €
3 bedrooms
build area 136 sq. m
plot area 200 sq. m
pool
second line from the sea/lake
payment by installments
seller: Bettabilt Homes