Cyprus Properties

Thursday, July 3, 2008

Property investors in Cyprus should buy in built-up areas to 'keep risks low'

Investors that are interested in Cyprus have been advised to look for property in areas that have already been developed.

According to property developers, Pafalia, choosing an area that has already been built on will help to "keep the risk low" and should take advantage of Cypriot lawyers to minimise their costs.

Simon Cozzolino, property consultant at Pafalia, said: "Use a Cyprus lawyer because it will halve your costs."

He continued: "Don't buy in the middle of nowhere; buy in an already developed area to keep the risk low."

House for sale in Cyprus