This page contains a Flash digital edition of a book.
Buying a Home in Cyprus
28
A Practical Guide to Successful Real Estate Purchase - Top Tips Supplement

Be clear on what you want from the property
Be aware that buying a property for your own use and buying a property
as an investment are two totally different things.
Be clear before you buy a property exactly what you want it for; investment
or personal use.
Reward risk ratio
When making any sort of investment, you need to bear in mind that big
returns may only be achieved by taking big risks.
One very big risk that property investors in Paphos took was to buy off-
plan properties being advertised at half their market value. The registered
estate agent that fronted the sales has since closed down while the
director of the development company skipped the island with an
estimated £3,000,000 of investors money.
Be careful to assess the possible downsides to an investment property as
well as the enticing investment numbers that could be achieved if all goes
according to plan.

© Nigel Howarth
Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43
Produced with Yudu - www.yudu.com