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Rising demand for resale properties in Cyprus
Country: Cyprus; Cyprus
17 July 2008 Demand for resale Cyprus properties for sale has overtaken interest in new-build homes for the first time in several years, according to BuySell Real Estate. The company report that an increasingly number of buyer applicants are requesting resale properties, rather than new-build homes, which were previously the most-popular type of real estate on the island. Litsa Chrisostomou, marketing director at BuySell Real Estate, says: “British property buyers in Cyprus have generally been interested in off plan and new-build properties. Now, for a variety of reasons, interest in resale properties has recently increased.
“Some property buyers are looking for homes to move straight into, rather than wait for a new build to be completed, while others are interested in older properties, where they can take on a renovation project.
“Resale properties also tend to be in established communities with all the necessary facilities and infrastructure in place, which is very attractive to current buyers who don’t want to wait for a new-build community to become established.”
The country’s low crime rate, superb climate, relaxed lifestyle and high standard of living have long attracted British property buyers. Driving on the left and familiar plugs make Cyprus feel more like home than other European destinations for some buyers. BuySell Real Estate is currently selling a large range of resale properties, including a three-bedroom detached house built in 2004 in Tala in Paphos for €674,896 (approx £533,809). It has unobstructed sea and mountain views plus great space for outdoor entertaining, a private swimming pool and open parking for two cars.
See Also: Cyprus
Some properties in Cyprus
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Price: £36,666 (GBP)
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Type: Studio
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2 studio units available, Close Peyia village, Covered area 40 m2, Balcony 10 m2, Pool, Covered parking, Lift, Fitted kitchen. Built year 2008, Coastal & mountains view.
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View details | Enquire further
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Price: £49,116 (GBP)
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Type: Apartment
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Bedrooms: 1
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* Popular location in the Universal area* 1 Double Bedroom * 1st floor * Covered Area 50sq.m * Fully equipped kitchen * Fully furnished * Built 1995 * Title deeds * No Communal Charge * Viewing recommended * only €59,750220
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Price: € 65,000
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Type: Apartment
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Bedrooms: 2
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Located off Tomb of the Kings Road within 5 minutes walking distance of Sea Front, Supermarkets, restaurants, coffee shops, tavernas etc. Ancient sites, churches, the harbour with its imposing castle and many other exciting places are nearby. 220
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View details | Enquire further
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Price: £65,833(GBP)
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Type: Apartment
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Bedrooms: 2
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*Title Deeds
*350m to Sea
* 2 Double Bedrooms
*Tomb of Kings Area Close to Amenities
* Family Bathroom
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View details | Enquire further
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Price: € 69,000
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Type: Apartment
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Bedrooms: 1
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An excellent ground floor apartment , few years old , in the tourist area of the Tombs of the Kings , fully furnished , close to all the amenities , restaurants , bus stops , hotels , bars , to the beach .
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View details | Enquire further
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Price: € 70,000
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Type: Apartment
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Bedrooms: 2
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A fully furnished 2 bedroom apartment located in Kato Paphos. The property is 27 years old , is on the 4th floor ,there is no lift , has a wonderful sea views and is within walking distance to the beach and all amenities.
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View details | Enquire further
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Price: £70,833 (GBP)
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Type: Apartment
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Bedrooms: 2
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Excellent 2 bed apartment in Tomb of the Kings area of Paphos, close to all amenities, title deeds included, 84m2 covered area,3rd floor, lift, balcony, communal pool, parking, solar water heating, shutters , furnished! 220
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View details | Enquire further
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Price: £74,166 (GBP)
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Type: Apartment
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Bedrooms: 2
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2 bed townhouse in Tomb of the Kings area,
Large lounge/ Dining area<
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View details | Enquire further
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Price: CY75,000
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Type: Apartment
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Bedrooms: 2
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Description: Key features:
· In one of the south’s most sought after areas
· Just a 10-minute drive to Ayia Napa, Protaras and Paralimni
· Spectacular sea views
· All amenities close by
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View details | Enquire further
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Price: CY75,000
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Type: Apartment
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Bedrooms: 2
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Description: Key features:
· In one of the south’s most sought after areas
· Just a 10-minute drive to Ayia Napa, Protaras and Paralimni
· Spectacular sea views
· All amenities close by
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View details | Enquire further
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