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How is Cyprus in Credit Crunch?

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Postby Z4 » Tue Mar 17, 2009 5:37 pm

But there are alot less developers which develop in Nicosia though Tim which means there are fewer jobs on the line.

There are more developers in places like Paphos which means redundancies.

If prices at bars/restaurants/hotels/flights/car hire were reduced CY would see alot more tourists through the doors. But Cypriots can be stubborn and greedy people, won't alter anything!
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Postby Get Real! » Tue Mar 17, 2009 7:36 pm

Z4 wrote:If prices at bars/restaurants/hotels/flights/car hire were reduced CY would see alot more tourists through the doors. But Cypriots can be stubborn and greedy people, won't alter anything!

Get off your pitiful tourist moaning and open your eyes to the fact that the Cyprus government has far more important business to promote than selling plates of kebab, chips, and a beer for a pittance of a profit to British tourists!

These days they’d rather give FREE accommodation, caviar, and a Don Perignon to a wealthy Russian who is looking to invest a few million or even billions of dollars in Cyprus!
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Postby purdey » Tue Mar 17, 2009 7:58 pm

Caviar and Don (Piere) Perignon, how very predictable and noveau riche.
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Postby Z4 » Tue Mar 17, 2009 9:14 pm

Get Real! wrote:
Z4 wrote:If prices at bars/restaurants/hotels/flights/car hire were reduced CY would see alot more tourists through the doors. But Cypriots can be stubborn and greedy people, won't alter anything!

Get off your pitiful tourist moaning and open your eyes to the fact that the Cyprus government has far more important business to promote than selling plates of kebab, chips, and a beer for a pittance of a profit to British tourists!

These days they’d rather give FREE accommodation, caviar, and a Don Perignon to a wealthy Russian who is looking to invest a few million or even billions of dollars in Cyprus!


Check Cyprus Mail GR - it appears someone is starting to worry :roll:

ps I hate chips, kebabs and beer - much prefer karaoke, english brekkie and cider :)
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Postby Tim Drayton » Wed Mar 18, 2009 2:34 pm

Z4 wrote:But there are alot less developers which develop in Nicosia though Tim which means there are fewer jobs on the line.

There are more developers in places like Paphos which means redundancies.

If prices at bars/restaurants/hotels/flights/car hire were reduced CY would see alot more tourists through the doors. But Cypriots can be stubborn and greedy people, won't alter anything!


A Qatari company is planning to construct a massive development in Nicosia:

http://www.ameinfo.com/175319.html

so you may be a bit wide of the mark there.
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Postby Z4 » Wed Mar 18, 2009 2:39 pm

Tim Drayton wrote:
Z4 wrote:But there are alot less developers which develop in Nicosia though Tim which means there are fewer jobs on the line.

There are more developers in places like Paphos which means redundancies.

If prices at bars/restaurants/hotels/flights/car hire were reduced CY would see alot more tourists through the doors. But Cypriots can be stubborn and greedy people, won't alter anything!


A Qatari company is planning to construct a massive development in Nicosia:

http://www.ameinfo.com/175319.html

so you may be a bit wide of the mark there.


Maybe, but how many developers and agents operate in 'tourist' driven areas and how many in Nicosia ??

Alot more in tourist areas.....
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Postby Tim Drayton » Wed Mar 18, 2009 5:55 pm

Z4 wrote:
Tim Drayton wrote:
Z4 wrote:But there are alot less developers which develop in Nicosia though Tim which means there are fewer jobs on the line.

There are more developers in places like Paphos which means redundancies.

If prices at bars/restaurants/hotels/flights/car hire were reduced CY would see alot more tourists through the doors. But Cypriots can be stubborn and greedy people, won't alter anything!


A Qatari company is planning to construct a massive development in Nicosia:

http://www.ameinfo.com/175319.html

so you may be a bit wide of the mark there.


Maybe, but how many developers and agents operate in 'tourist' driven areas and how many in Nicosia ??

Alot more in tourist areas.....


I have to grant you your point. In numerical terms there are many more developers in tourist areas. However, if this Qatar-backed deal comes off, this one developer will outperform the rest of them put together. By the way, the Qataris consider this development to be a tourism complex, so it seems that as far as they are concerned Nicosia is a tourist area.
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Postby Z4 » Wed Mar 18, 2009 6:11 pm

Tim Drayton wrote:
Z4 wrote:
Tim Drayton wrote:
Z4 wrote:But there are alot less developers which develop in Nicosia though Tim which means there are fewer jobs on the line.

There are more developers in places like Paphos which means redundancies.

If prices at bars/restaurants/hotels/flights/car hire were reduced CY would see alot more tourists through the doors. But Cypriots can be stubborn and greedy people, won't alter anything!


A Qatari company is planning to construct a massive development in Nicosia:

http://www.ameinfo.com/175319.html

so you may be a bit wide of the mark there.


Maybe, but how many developers and agents operate in 'tourist' driven areas and how many in Nicosia ??

Alot more in tourist areas.....


I have to grant you your point. In numerical terms there are many more developers in tourist areas. However, if this Qatar-backed deal comes off, this one developer will outperform the rest of them put together. By the way, the Qataris consider this development to be a tourism complex, so it seems that as far as they are concerned Nicosia is a tourist area.


Interesting.

Who will be buying these properties though? Who will they be marketing to, there own people?

Moving away from our initial topic I suppose Nicosia would appeal to some people who could 'pop' over for a 3/4 day break. It's a city, and has culture I suppose so why not.
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Postby susieV3 » Wed Mar 18, 2009 10:50 pm

Thanks for the info..........I know it is pretty bad out in Cyprus..but is it REALLY as terrible as the UK?????...............SO Dire here!....God knows why anyone is fighting to get into UK........I am fighting to get out! (no free handouts for me because i work and am a tax payer & have lived in Uk most of my life! lol!
I have somewhere to stay in Cyprus, but would still need to work there.......case of deciding wether to stay in broke UK or broke Cyprus then????
S
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Postby kurupetos » Wed Mar 18, 2009 10:54 pm

susieV3 wrote:Thanks for the info..........I know it is pretty bad out in Cyprus..but is it REALLY as terrible as the UK?????...............SO Dire here!....God knows why anyone is fighting to get into UK........I am fighting to get out! (no free handouts for me because i work and am a tax payer & have lived in Uk most of my life! lol!
I have somewhere to stay in Cyprus, but would still need to work there.......case of deciding wether to stay in broke UK or broke Cyprus then????
S


go to ireland...a lot of openings there.
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