Rent or buy in Cyprus?

Hi again Jenny

Sounds like things are getting interesting. It is a good time to buy in Cyprus, if you have the funds. I would warn you though, if you're wanting to rent the place out, it may stand empty for a while and you probably won't get what it would be worth under normal circumstances.

I'd be very careful if you're looking to buy in North Cyprus, since you may be the subject of a landclaim at some point. There are also horror stories about being stuck with developer mortgages.

My advice would be to rent for a while, have a proper look around and get a lawyer before doing anything concrete.

Have a look at our Accommodation in Cyprus and Buying Property in Cyprus pages for more detail.

Keep those questions coming.

All the best,

Xavier