Jerry wrote:B25 wrote:50k in the midlands, yeah, I know the type, shitholes we call them, I mean come on, you have to compare like for like not just any old hole.
As for your list, crummy 2 bed 100 year old buildings in run down areas of 58m2 or less, compared to a brighter 2 bed in the med. I mean who are you going to kid.
So that brings me to the question, why aren't you buying those cheapos in the UK that are 'realistiscally priced to sell'. And if they were that good, why are they still for sale.
Come on Jerry, I had you down for a level headed intelligent man, but you are showing yourself up.
I think you will find that the crummy 100 year old buildings will still be there in another 100 years whereas those in Cyprus will have been demolished and redeveloped and a what cost and to who. Why do you think a 30-year-old apartment in Cyprus fetches a lower price than a new one? And of course in the UK you get title deeds and enforceable maintenance covenants. I saw some pretty crummy resales in Larnaca a couple of years ago but they still wanted silly money for them, I'm afraid too many Cypriots have a fixation that prices only go one way - upwards.
Some more UK bargains for you here in newer buildings and much cheaper too, http://www.rightmove.co.uk/property-for ... ding=false
PS, I already have enough property in the UK I want a holiday place in Cyprus.
Have it your own way Jerry, enjoy your UK property. Perhaps if you manage to find some really hardup person you can vulture their property too. Good luck, cos with what you are looking to spend, you're gonna need it.