Tuesday, 5 February 2008

Cyprus Private Property

By William Marind

The quality of construction is another problem. Normally the developer's reputation and a visit to a previous project will give you an idea of what you can expect. Show a preference to blocks utilising low maintenance materials: sprits finish to a block as opposed to decoration is an advantage; the use of timber windows as opposed to plastic ones is a disadvantage; a poor quality lift will cause you major future difficulties etc.

Development of land into villas in estates is now very common in the Paphos area, mainly on the hills between Paphos and Polis. Projects are developed to take the form of villages with the individual villas designed in traditional architecture. There are, of course, cases where the purchaser may have a good say in the design of his villa. The same type of projects are now being carried out in Limassol and to a lesser extent in the Larnaca area.

The main developers in Cyprus tend to look after their own after sales, so your first point of call would most likely be direct to them whether it's to have alterations or to highlight any problems with the property itself. That said, we do have a wealth of experience in after sales and can act upon your behalf should things not get resolved to your satisfaction.As we only work with the most prestigious companies on the island, you'll find most of these offering in-house property maintenance services from gardening to pool maintenance, regular cleaning to ad hoc visits. If they don't offer the service you require themselves, they will certainly put you in touch with a reputable company near to your property, ensuring they are best placed to keep an eye on it for you.

With the increasing complexity of the property market and the constant introduction of new concepts and measures new for the island (although not so in the European countries) it is advisable that the potential purchaser seeks professional advice prior to concluding a deal in order for hardships and disappointments to be avoided. This advice is specially useful to the foreign purchaser who has to encounter the problem of different laws and local attitudes. For this reason this firm has prepared the following tips which may be useful to the local property purchaser.

There is an increasing tendency by the local and the foreign market (in particular the British market) to acquire old village houses which are subsequently improved/converted into modern residences.Before the "craze" of village cottages started, there were some real bargains for this nature of property. Nowadays cottages of character and colour are relatively expensive and they may amount, together with the repair improvement bills, in excess of what a new villa of the same size would cost.

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