PAPHOS PROPERTY PRICE INCREASES STILL LAG BEHIND LARNACA AND LIMASSOL DISTRICTS

PAPHOS PROPERTY PRICE INCREASES STILL LAG BEHIND MOST OTHER REGIONS OF CYPRUS. PROPERTY SALES HAVE ALSO BEEN RISING RECENTLY IN ALL REGIONS OF CYPRUS, INCLUDING PAPHOS REGION.

Paphos Property devalues

Paphos property continues to decline in value, as the majority of home buyers were British. Now with the drop in the value of the pound, along with cuts in benefits, a lot of Paphos property buyers are trying to sell. Unfortunately many dont have title deeds, which makes the sale of their property very difficult. This is just making the prices drop further- Too many properties for sale and not many buyers. Many property developers in the Paphos area are also partly responsible for this situation.

Pafos Property Paphos

Pafos Property has access to new build, off plan, and resale properties. All developers and developments are covered in and around (Paphos) Pafos, Tala , Kamares, Chlorakas, Trimithousa, Tsada etc. Off plan property is best, assuming the developer has been verified! Watch out for agents like Parador Properties Who do not possess correct licensing to trade as estate agents in Cyprus . This means you have very little protection in the event that problems arise on your property. Licensed Cyprus estate agents have more protection if things go wrong.