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Post by milla143 on Nov 15, 2011 6:14:23 GMT -5
The recent interest in Cyprus property has initiated a housing boom on the island. It doesn't matter where you go on the island, you can often hear the sound of construction in the background. Developers are scooping up land at an alarming rate trying to keep pace with the growing demand for houses. But they can't build houses and condos quick enoug
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Post by kingfisher007 on Nov 15, 2011 6:29:56 GMT -5
The truth is that there are more people who want to live on Cyprus than there are houses. Pretty soon the land will be gone and so will be the opportunity to invest in this popular area. Many view this as a huge opportunity to invest in what will soon become a scarce commodity. The hope is that the demand for houses will always remain high. Once all of the land is developed, however, a shortage of houses will occur. Huge demand plus small supply equals a huge price tag.
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