Put my villa up for sale, and first buyer agrees asking price

[Dow Jones]

Well done DP

I suppose a quick sale is better than a bigger profit.

Perfect timing - as the Cyprus property market has began to slow down - for 3 reasons:
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!

[Churchill]

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.

And you still won't be able to afford a personality.

On a more serious note, didn't you once post some piccies of your place on Cyprus?

[~Craig~]

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.

I can't help thinking that northern cyprus could be a money spinner if they ever sort the situation out....there is an element of risk though

[DimPrawn]

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.

[sasguru]

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?

[Captain Jack]

It's the next door neighbour that's wants to buy it.

Well he's obviously very desperate then as the supply of houses next door to his is quite limited. Jack the price brutally.

[Flubster]

I suppose a quick sale is better than a bigger profit.

villa=mobile home

[DimPrawn]

It's the next door neighbour that's wants to buy it.

[Captain Jack]

I suppose a quick sale is better than a bigger profit.

He's obviously desperate. Tell him you've changed your mind and want more.

[DimPrawn]

I suppose a quick sale is better than a bigger profit.