Thursday, March 29, 2012

Building site

We were last in Cyprus ten years ago and loved it. what has happened? It%26#39;s just one enormous unfinished building site. Yes, I know that things move on and there has to be development but this was really a nasty shock. Fortunately once we moved back from the resorts and into the hills we found a more rewarding and beautiful scenario - not to mention less expensive and more authentic. I%26#39;m not sure that I want to revisit Southern Cyprus. Mind you, Larnaca Airport offers a far more humane experience than Gatwick!




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I think you have answered your own question, it has moved on. It may be stopping now, especially as far as tourist property is concerned. Prices rose so much that Cyprus overpriced it%26#39;s self. Alot of property on the market with nobody to buy it.



The mountains are still quieter than resorts but building work (commercial) seems to be moving further and further out of towns.



The North seems to be suffering in the same way, alot of unfinished property with nobody looking to buy, and recent news is sure to have adverse effects.

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