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erolz
Joined: 11 Aug 2005
Posts: 4195
Location: Kyrenia / Girne
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| Posted: Mon Jan 09, 2006 7:58 pm Post subject: Telegraph article about property and land prices in Republic of Cyprus |
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http://www.telegraph.co.uk/property/main.jhtml?xml=/property/2006/01/05/pcyprus07.xml&sSheet=/property/2006/01/07/ixpmain.html
(needs free registration to view I think)
Quote: Increasingly, land is what Cypriot speculators seek, not property. Andreas Foutas, an estate agent with 35 years' experience in the Pissouri area, tells me that, while property prices have levelled off in the past 18 months (and are likely to remain that way for the next couple of years), land prices will continue to rise at 15 per cent per annum "because of the scarcity of areas with building permission". |
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respiridus
Joined: 26 Oct 2005
Posts: 1965
Location: Pera Orinis, Nicosia, Cyprus
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| Posted: Mon Jan 09, 2006 8:06 pm Post subject: |
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Yes, this is absolutely true.
Prime reasons are restrictions introduced by the department of housing and planning throughout the 90s, along with a quite large building spree that happened during the years before the EU accession. |
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depurple
Joined: 06 Dec 2005
Posts: 2876
Location: Australia
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| Posted: Tue Jan 10, 2006 10:53 am Post subject: |
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The most expensive land prices in the world is Japan WHY?
It is an island: |
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cannedmoose
Joined: 12 Aug 2005
Posts: 5357
Location: National Forest, England
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| Posted: Tue Jan 10, 2006 1:07 pm Post subject: |
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depurple wrote: The most expensive land prices in the world is Japan WHY?
It is an island:
Rubbish... it's because it is a mostly mountainous country with an extremely dense population. As a consequence, in the areas where people can (and want to) live, there is a huge demand for land which results in price inflation.
Are you really saying that because Madagascar or Greenland or Ireland are islands that the price of land is naturally high? |
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depurple
Joined: 06 Dec 2005
Posts: 2876
Location: Australia
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| Posted: Tue Jan 10, 2006 2:32 pm Post subject: |
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Well CM if it isn't a island what is it? A Planet?
I know what you are doing CM You trying to prove that evolution can GO in reverse?Good work! You have succeeded! I believe you! |
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cannedmoose
Joined: 12 Aug 2005
Posts: 5357
Location: National Forest, England
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| Posted: Tue Jan 10, 2006 2:45 pm Post subject: |
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depurple wrote: Well CM if it isn't a island what is it? A Planet?
I know what you are doing CM You trying to prove that evolution can GO in reverse?Good work! You have succeeded! I believe you!
In the face of an intellectual pygmy such as yourself, I give up... :roll: |
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