Saturday 27 November 2010

Paphos property scams

There are numerous Property scams that have been operating in Paphos, Cyprus so beware. Many have no title deeds as the properties sold were not built correctly or illegally. Some land was not even freehold as it is owned by the church! Some land is very unstable and there have been cases where developers have built on dried river beds so home owners are flooded every winter. Check out Cyprus Property News for more information.

Friday 26 November 2010

Property prices drop in Paphos

Property prices continue to slide in Paphos

The Romanian low cost airline is set to axe the Paphos Thessaloniki service. This is on top of Cyprus airways cutting some of its flights to The UK including to Birmingham airport from Paphos airport. Meanwhile Larnaca airport is expanding with new airlines serving the airport. Ryanair is also starting flights to mainland Europe from Larnaca on the 1 December 2010. Pafos seems to be missing out on many things recently. The New Lidl chain opened 7 stores in Cyprus earlier this month, but the proposed store in Paphos is still not ready. Paphos does have a nightmare of a new wind farm though! Meanwhile many expats are trying to leave and cannot sell their properties as they lack title deeds.