Cyprus-Forum.com

[Southerner]

Yes and then we can make sure our own people can not afford homes in their own country ,and the cost of living constantly rises and wages stay the same ,we divide the country more and more into the have and have nots ...and also make sure we continue not to plan for anything ...as we do ...build in ravines ,buid on cliff tops,,,build and plan for nothing not ever power and water supplies ....
when do you run for government ...let me know so i can get my rifle x100000000

And of course the Cypriots are giving their land away free to Aristo, Leptos etc; I don't think so.
It is the Cypriot greed for money that has fuelled the property boom.
How long before we see hotels on the Akamas?

[oranos64]

Cyprus is the Southern-most place you can go to in the EU. The southern-most parts of countries, especially if coastal, are usually the most expensive e.g France, U.K. Therefore Cyprus would ALWAYS be the most desirable country in the EU.

And, the more expensive the better . . . it keeps its exclusivity and increases its attraction.

Yes and then we can make sure our own people can not afford homes in their own country ,and the cost of living constantly rises and wages stay the same ,we divide the country more and more into the have and have nots ...and also make sure we continue to plan for anything ...as we do

when do you run for government ...let me know so i can get my rifle

Oranos, you underestimate the Cypriot's business acumen . . . they will always be one step ahead.

Put your rifle away, there's not enough money in politics to attract me . . .

(Only kidding, I hate money It's the difference between "TO HAVE" or "TO BE" and I would rather "BE" than "HAVE")

is this the same business men ,who advise their fellow countrymen to invest in stocks and shares ...then half of them some time later lost millions .

or prehaps its the ones who sat around ..and allowed shackolas to build a mall and ikea next to a new 24 hour emergency access ,without hindsight and planning and yet he obtained "the approval " no doubt with a couple of phonecalls to his friend "papdoupolulas ...what ever his name is ...

Greek cypriot business are small fish in a big ocean ..small ideas ,lots of greed,micro economic plans ...

you show me 20 well run .legally binding and E.U compliant business and ill show you 100 who are not

from the farmers to the ministrys of the government ,lazy .inconfident and arrogant greedy indviduals ...yes i love cyprus ..but i will make sure things change ...and that the people are eventually united .....

i dont fear politics ,i dont care for money .... i do it because i care ..... roll on 2011

[oranos64]

Yes and then we can make sure our own people can not afford homes in their own country ,and the cost of living constantly rises and wages stay the same ,we divide the country more and more into the have and have nots ...and also make sure we continue not to plan for anything ...as we do ...build in ravines ,buid on cliff tops,,,build and plan for nothing not ever power and water supplies ....
when do you run for government ...let me know so i can get my rifle x100000000

And of course the Cypriots are giving their land away free to Aristo, Leptos etc; I don't think so.
It is the Cypriot greed for money that has fuelled the property boom.
How long before we see hotels on the Akamas?

yep and yep again ...greed .... a nation of morons with no savvy and no planning ...

[oranos64]

I understand that the most significant effect of the introduction of the Euro in 2008 on the Cyprus property market will be that hidden money held in Cyprus currency notes, including cash undeclared for tax avoidance reasons or black market trade activities.

All this talk about people saving a couple of % on exchange fees, well that's hardly going to boost property prices hugely, is it! Just look at the effect the new VAT had on buildings! Not a great lot.

But let us consider that hundreds of millions or billions of such notes may have to be converted before Cyprus notes become worthless ... and that buying property can be the most effective way to launder, now that might make a difference on markets! Any comments or opinions about this??

oneness obiviously living in the UK ..you do not see what us cyps do here '

the effect on the vat on homes has had a effect and there is already a slow down in property sales ...the vat on land willl also add to this (a very uncessary tax ..just pure greed from our government ,who have absolutely no business savvy what so ever)
the cost of items is already going up by 10% a month and will rise further next year ...

most builders have for the past 2 years focussed on cheap housing and flats instead ...rarely do you see the large 3 and four bed housing we saw 3 years ago

but ...here comes the but ...with economic slow down predicted around the world and the property boom ending in the UK ....cyprus will survive more from $$$ from the CIS nations (check fridays business section adn headlines in the evening standard

also to those who wish to tell me that cyp has great properties ...watch out ...property and homes abroad ...recently catagorised cyprus as 10th from the top for quality in the investment section ... behind ,turkey,spain ,portugal etc in europe for brits !!!

why ?....lack of quality in house builds,expensive comparisson to villas in other counties ,bad paintjobs or planing in designs ..low business inspections for clients ..slow paperwork resolution ....dodgy deals between lawyers and planning depts/builders ...bad designs

another example of greek cypriots being unorganised ....and doing what they do best ..- lying ,cheating and stealing from the hands that feed them ..

like all investments markets ....it goes up it comes down ,it goes up it comes down

difference is ...here in cyprus ..greed and bad workmanship aid the down ...

I went to a property shop and gave the clerk a list of fifteen properties that I liked the look of in their brochure, I then said that I was only interested in properties with title deeds available, over half the properties came off the list.
In four weeks time I'm renting a town house on a developement that has bee completed for more than 10 years yet the title deeds are still unavailable, I wonder why?

mate this is the half of it ... it is hugely embarressing ...when i speak to good people from britain and the like ...buying property and hearing the horror and dishonesty my people put them through

in summary ...

welcome to cyprus ..land of thieves ,liers 1911

welcome to cyprus land of theives .dishonesty,,greed,liers ,cheaters,haters and other criminal activities ....2008

[oranos64]

Yes and then we can make sure our own people can not afford homes in their own country ,and the cost of living constantly rises and wages stay the same ,we divide the country more and more into the have and have nots ...and also make sure we continue not to plan for anything ...as we do ...build in ravines ,buid on cliff tops,,,build and plan for nothing not ever power and water supplies ....
when do you run for government ...let me know so i can get my rifle x100000000

And of course the Cypriots are giving their land away free to Aristo, Leptos etc; I don't think so.
It is the Cypriot greed for money that has fuelled the property boom.
How long before we see hotels on the Akamas?

1.big difference is mate ,we have a unnatural market ....for a small land and small population , ..we are selling our limited land to overseas buyers ...thus cutting out the local population from affording property ...this causes resentment etc ......

...note the land use to devlop on is either land used for future population ...so costing less ...example 4 bed in pyla 1993 ...14k ....now 224k

2 the land is exchaning hands for invest reasons ...see empty properties in paphos and protoras area and not for citizen
3. people selling land for quick $$$
4. limited amount of land so cost rising ...land sold to foreigners like you who have more $$$ then a local ..who may earn $10k per annum ehh ?

i can see the problem ,i dont need to go further into detail ....

[Southerner]

[1.big difference is mate ,we have a unnatural market ....for a small land and small population , ..we are selling our limited land to overseas buyers ...thus cutting out the local population from affording property ...this causes resentment etc ......
...note the land use to devlop on is either land used for future population ...so costing less ...example 4 bed in pyla 1993 ...14k ....now 224k
2 the land is exchaning hands for invest reasons ...see empty properties in paphos and protoras area and not for citizen
3. people selling land for quick $$$
4. limited amount of land so cost rising ...land sold to foreigners like you who have more $$$ then a local ..who may earn $10k per annum ehh ?
i can see the problem ,i dont need to go further into detail ....

In recent times the Cypriots have made much of their income from outside scources, throughout the 60s into the early 70s the SBAs provided a very high percentage of the Cypriot income.
The two massive Sovereign Base Areas near Limassol (Episkopi Garrison and Akrotiri Airbase) and the local bases Berengaria and Agyia Phyla kept Limassol going as 95% of married personel from these bases lived downtown in Limassol.
I am still in contact with the family who we rented off in the 60s, they own four properties in total.
My wife and I have always loved Cyprus and we intend to retire there next year, we will not take anyones jobs but we will bring a healthy pension plus savings income to Cyprus as do the vast majority of ex pats most of whom are retired.

[nhowarth]

In four weeks time I'm renting a town house on a developement that has bee completed for more than 10 years yet the title deeds are still unavailable, I wonder why?

I was talking with an 83 year old lady last week who lives in Korfi. She and her late husband bought their property back in 1979. She, like the others on the estate, still haven't got their Title Deeds.

Although the Title Deeds have just become available (in June), the developer is blackmailing people on the development - "if you don't pay me, you don't get your Title Deeds". In her case, this crook is demanding almost 50% of the price she paid for her house all those years ago.

Cheers,

[lee hayes]

I read all your coments on here and as a family man would love to bring my family to live in cyprus. for the sun them to be healthey and have a better life than here in england but after looking at the price of houses over there and the wages i just can't see than i could afford to come and live there i have a £250,000 pound house now and earn£700.00 a week i just could not live on this a month what happenend to such a lovely place where i was going to live and bring up my family. its all such a shame and i love cyprus. just going on holiday now is expensive i was there 3 years ago and there 6 months ago and how it all has changed everything seemed double in price.


Lee

[Southerner]

In four weeks time I'm renting a town house on a developement that has bee completed for more than 10 years yet the title deeds are still unavailable, I wonder why?

I was talking with an 83 year old lady last week who lives in Korfi. She and her late husband bought their property back in 1979. She, like the others on the estate, still haven't got their Title Deeds.

Although the Title Deeds have just become available (in June), the developer is blackmailing people on the development - "if you don't pay me, you don't get your Title Deeds". In her case, this crook is demanding almost 50% of the price she paid for her house all those years ago.

Cheers,

Surely this is where the EEC commisioners should be brought in, also there is an action group set for this kind of thing; people should get together and fight a joint battle instead of individual skirmishes, this developer doesn't think that he is doing anything wrong, it's his Arab ancestry coming through

[nhowarth]

Hi Southerner,

There is indeed a 'Cyprus Property Action Group'- I'm one of the 'gang of 4'.

I was introduced to Markos Kyprianou last year, who at the time was the EU Commissioner for Health & Consumer Protection. I gave him a letter outlining some of the concerns regarding property. But it seems that such matters are the responsibility of individual Governments, not the EU.

However, I did get a few 'useful' contacts in the EU. But we need to see what action the Cyprus Government is prepared to take before escalating matters to Brussels, etc.