Approximate prices of new property in Cyprus
Please note that in some areas, the price of a new property can exceed € 5,000/m2
Some developers offer guaranteed rental returns of 15% per
annum for the first two years and I've seen one developer giving away
cars to property investors.
Needless to say the cost of these 'incentives' has been factored into the
selling price!
If you are thinking of investing, remember to negotiate hard.
There are a lot of
deals to be had if you are persistent!