MAKE WAY FOR THE GERMANS IN 2010 SAYS FAMAGUSTA LAWYERS
International Property lawyers in Famagusta Cyprus – Studies German Property Market on 16TH January 2010.
MAKE WAY FOR THE GERMANS IN 2010 SAYS FAMAGUSTA LAWYERS
After review of the world property markets it came to light that German Nationals are said to be looking for overseas property such as Cyprus Properties as we speak but developers do not have appropriate developments to lure them in.
German Nationals have liquidity waiting to be invested but quality is of high importance along with the right price.
There are many distressed Properties in Cyprus that developers want to sell at bargain prices yet the quality is not up to Germans standards. The Germans do not believe in spending their money just for the sake of it.
Cyprus Developers must research and create a product that is suitable for the German overseas market. The German property market is consistently on the rise and we here in Cyprus need to create an opening to lure the Germans to invest in our Island.
Cyprus investment system is under going major development that will definitely attract world-wide nationals but can the developers also offer world-wide nationals an attractive and quality Cyprus property package to accompany this major development. We hope so!!
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PUBLISHED BY A&G KOUZALI LAW OFFICE ON 16th JANUARY 2010.