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Cyprus Property News

Only a multifaceted estate agency can market your property in Cyprus effectively.

Date: 23/10/17

The diversity of our buyers is something that always impresses our sellers. It is true that our offices welcome international investors from every corner of the world.


The importance of our international marketing in various geographical areas is crucial to our success. Finding buyers when one or more markets suffer a downturn is only possible due to our multinational strategy.

With Cyprus properties valued in Euro fluctuations in currencies are one of the most important factors in the rise or demise of a particular market segment. Over the last 2 years fluctuation in the Sterling/Euro rate became a major cause of the reduced buying power of British property purchasers. From the summer of 2015 to summer 2018 Sterling buyers are paying near 30% more in their local currency for Euro based Cyprus properties. The Russian Ruble vs Euro is even more stark – since summer 2013 until now Russian property buyer had to add another 75% in their native currency in order to afford a home in Cyprus. 

With the British and Russian buyers having their buying power blunted by global events the importance of Cyprus estate agents in having a broad range of internationals clients has never been as paramount as it is today. This is not a time for vendors to choose a one-market agency who have placed all their marketing eggs in one basket. Today’s market is fluid and only the best properties that are priced realistically from the start with a multifaceted international estate agency are going to find buyers.

Multi award winning estate agent in Paphos and Polis “Cyprus Resales” have proven time and time again that they have the international focus to sell quality properties fast. If you have a property in Paphos or Polis areas with title deeds and are considering selling it, please fill in this short seller’s form leaving as much details as possible. Fill the seller's form here:

 


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7, Tombs Of the Kings Ave,
Paphos, Cyprus

+357 99115897

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