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I would guess this will keep Cyprus property prices subdued for the foreseeable future? With a cloud of unwanted properties overhanging the market it is difficult to see any short-term pickup in prices?

The Cyprus real estate market is often associated with the Greece when in reality they are two very different markets.

How do you feel the real estate market in Cyprus will perform in the short, medium and longer term? For now it seems that the Passport by investment and category f residency visas have made a positive difference in the market in terms of property sales. The old guard should really accept that if Cyprus wishes to perform well in terms of real estate sales and development then transparency and fairness must be embraced fully. With regards to another barrier, if a nation chooses to join the EU, once the decision has been made, then the principles of said union should be adhered to. Trying to monopolise the property market and exclude foreign nationals is not only adverse to free trade policies but will eventually result in legal victory for those who are currently fighting this ruling.

In the mean time, how can one weigh up the adverse publicity and damage to the market that some of these issues are causing. In addition as you probably know the Cyprus property market is not without its difficulties however it is not always wise to spell this out. Over the next 12 months property prices in Cyprus should fall further when the banks start to sell off properties at auction. Over the next 12 months property prices in Cyprus should fall further when the banks start to sell off properties at auction. As we are approaching nine months since your comment about banks selling off their unwanted properties in Cyprus, I was wondering about the current situation.


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For now it seems that the Passport by investment and category f residency visas have made a positive difference in the market in terms of property sales. The old guard should really accept that if Cyprus wishes to perform well in terms of real estate sales and development then transparency and fairness must be embraced fully.

With regards to another barrier, if a nation chooses to join the EU, once the decision has been made, then the principles of said union should be adhered to. Trying to monopolise the property market and exclude foreign nationals is not only adverse to free trade policies but will eventually result in legal victory for those who are currently fighting this ruling. In the mean time, how can one weigh up the adverse publicity and damage to the market that some of these issues are causing. In addition as you probably know the Cyprus property market is not without its difficulties however it is not always wise to spell this out. Over the next 12 months property prices in Cyprus should fall further when the banks start to sell off properties at auction. Over short term installment loans the next 12 months property prices in Cyprus should fall further when the banks start to sell off properties at auction. As we are approaching nine months since your comment about banks selling off their unwanted properties in Cyprus, I was wondering about the current situation. Do you believe that the banks have now sold off the majority of their unwanted properties?

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