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House prices

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Postby purdey » Sat Jul 05, 2008 11:17 pm

Oh, did ums, have I upset you Zimbo ?
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Postby Zimbo » Sat Jul 05, 2008 11:23 pm

purdey wrote:Oh, did ums, have I upset you Zimbo ?


You are so mature are'nt you? As soon as you don't get your own way you resort to childish behaviour. Past your bedtime. Don't forget to let the dog out later. :lol:
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Postby purdey » Sat Jul 05, 2008 11:26 pm

50 in September, so halfway to full maturity, like a fine wine. As for getting my own way, never really been concerned with adopting that attitude.
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Postby Zimbo » Sat Jul 05, 2008 11:34 pm

purdey wrote:50 in September, so halfway to full maturity, like a fine wine. As for getting my own way, never really been concerned with adopting that attitude.


Happy birthday! Another year older, hopefully another year wiser and the chip falls from your shoulder.
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Postby Z4 » Sat Jul 05, 2008 11:35 pm

These developments you see (this is to Purdey, he/she will know what I mean) that a few apartments are not sold does not bother the developer. Look at Interlink and their development in Pissouri. There are probably ten ground floor apartments which are not sold. Do they care? No. They have covered their costs, made their profit, and the next 10 they sell the money will just got in the back pocket.

Ok, I suppose developments where the majority of apartments are not sold this would be a problem (ie in Paphos where competition is fierce)
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Postby Bubble 'n' squeak » Sat Jul 05, 2008 11:36 pm

Zimbo Purdey would love a pair of crocs for his birthday!!! :-)
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Postby purdey » Sat Jul 05, 2008 11:41 pm

Hello Simon. I am still a he. Yes, you are correct with respect to Interlink and other likeminded developers.
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Postby Zimbo » Sat Jul 05, 2008 11:43 pm

Bubble 'n' squeak wrote:Zimbo Purdey would love a pair of crocs for his birthday!!! :-)


LOL!!!
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Postby purdey » Sat Jul 05, 2008 11:49 pm

Good night all. No dog in Cyprus so just straight to bed.
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Postby Z4 » Sat Jul 05, 2008 11:49 pm

Prices in Cyprus will not fall. They will get to the level of UK, Spain and Algarve and then level out. They are not at that level yet so they will continue to rise. The main reason for the downturn in sales in the lack of money in the UK market. As soon as things pick up over here things will pick up. The majority of Ex-pats in CY are Brits, not Russians or Germans but Brits.

The prices will rise for another 12/24 months then level out. Just look at Portugal and Spain for example once they joined the EU
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