My wife and I moved to Cyprus 2 years ago and decided to hedge our bets - buy a couple of rentals, buys some off-plan 'investments' and try some renovations. We were given a lot of positive spin by all the estate agents we spoke to and thought we'd done enough homework to not make too many mistakes. However, it wasn't until we lived out here and started renting/dealing with management companies, estate agents, tennants and watched our so called 'investment opportunities' sit stagnant that we realised the truth!
I've written a book on our experiences which basically follows everything we've done over the past 2 years in detail - it tells our story in a light humoured way, but contains lots of useful information that we've learnt and hope will help others not fall into a similar situation.
We've just got a website running with more information: www.ThingsTheEstateAgentsDontTellYou.com and the book is available off the site or through Amazon.
Thought this might be of interest for anyone looking to do what we did!
Cheers
Pete