Cyprus Property Return On Investment "ROI" is Great
In the last few weeks there has been much talk about the Cyprus property market. A picture of disaster is painted once again of the Cyprus property market. Of course the talk stems from the most recent statistics released by the Cyprus Department of Lands Registry. To be honest, I am tired of these figures because they don't tell the whole story. The statistics show a drop in sales from January 2013 over this January 2014 of 22% which of course looks awful, but we are not looking at huge numbers here. The difference is only 82 sales. 375 homes were sold last year (2013) and 293 sold this year (2014) on the whole entire island. Now lets look at why these figures are not a concern at all. First I don't want to downplay what happened when the banks shut down. It affected many people in ways that are absolute nightmares, people lost their entire savings and becoming imprisoned by the system that swallowed a good portion of their life savings. I hope for a good outcome for t