CBBB wrote:GreekIslandGirl wrote:Perhaps the problem is with your understanding?
Right, onward - so we have established transfers can occur for private purchases within the RoC! So property buying should trundle along unhindered - and it's looking more attractive as an investment than leaving large sums of money in ANY bank!
And yes, perhaps there should be restrictions imposed on how many properties non-EU nationals may purchase because the island is small.
But, doubtless, Cyprus will become the number one property hotspot in the EU - if only simply because most southerly regions* of a country command better prices than northerly parts for maximum sun and likewise Cyprus is most southerly in the EU.
*(in the northern hemisphere)
What parts of the EU are in the Southern hemisphere?
I thought I'd better cover all eventualities as someone (who shall remain nameless) is having trouble grasping basics outside his bucket-world
But who knows where Mekel's power will reach ...
