I suppose a quick sale is better than a bigger profit.
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Put my villa up for sale, and first buyer agrees asking price
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Originally posted by DimPrawn View PostI suppose a quick sale is better than a bigger profit. -
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Originally posted by DimPrawn View PostI suppose a quick sale is better than a bigger profit.Illegitimus non carborundum est!Comment
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Originally posted by DimPrawn View PostIt's the next door neighbour that's wants to buy it.Comment
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I suppose a "villa" in Swindon is about the same price as a studio in Hackney. So what are you going to do with your £350K pittance?Hard Brexit now!
#prayfornodealComment
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Villa is in Cyprus. I bought it before Cyprus joined the EU and the Euro, when beach front villas were cheap. Now they are pretty pricey.
I suppose I'll bung me £500K profit in with the other £500K I have hanging around and then buy that bedsit above the kebab shop in your neck of the woods.Comment
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Originally posted by DimPrawn View PostVilla is in Cyprus. I bought it before Cyprus joined the EU and the Euro, when beach front villas were cheap. Now they are pretty pricey.
I suppose I'll bung me £500K profit in with the other £500K I have hanging around and then buy that bedsit above the kebab shop in your neck of the woods.Comment
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Originally posted by DimPrawn View PostVilla is in Cyprus. I bought it before Cyprus joined the EU and the Euro, when beach front villas were cheap. Now they are pretty pricey.
I suppose I'll bung me £500K profit in with the other £500K I have hanging around and then buy that bedsit above the kebab shop in your neck of the woods.
On a more serious note, didn't you once post some piccies of your place on Cyprus?Comment
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Well done DP
Originally posted by DimPrawn View PostI suppose a quick sale is better than a bigger profit.
1. More supply/less demand
2. UK property prices stable/falling
3. Cyprus entry into Euro
The last one is the most significant as Sterling has gone down against the Euro by at least 20% over the last 3 months, so making buying there less affordable.
I did eventually manage to buy a nice 2-bed S/V appartment on the west side of the island - 1 hour from Paphos a/p and with Easyjet flying there from 1 April, I can see a lot of potential demand for 2nd homes - as in France/Italy/Spain.
Spain of course has shot itself in the foot with the stupid property laws (smash-and-grab) and excessive building.
Another reason for prices going up in Cyprus is that there will be renewed talks about unification, so land/property in the North will also be available to buy (from the legal Gov't and owners), as opposed to taking a huge risk now and buying from the temporary authorities and without deeds!Comment
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