property in cyprus to buy, properties for rent in cyprus paphos, property for sale troodos mountains A number of folks aspires to have a house in Cyprus nonetheless it looks like only a fortunate few see that dream become any sort of reality. A brand new development built right in the centre of cosmopolitan Limassol town and an opportunity not be missed by anyone looking to buy a property in Cyprus , whether for permanent residence, holiday home or even as an investment property in Limassol. Coupled with the loosening of Central Bank lending restrictions, this makes Cyprus a less costly and a lot easier place to borrow than it was final year." Chairman of Aristo, Theodoros Aristodemou, says that there are new lending restrictions for buyers, which means that in order to get a loan in Cyprus purchasers should make a minimum contribution of 20 per cent for a first property purchase (to be used as most important residence), and a 30 per cent contribution for all other cases (for non-residents and for investment purposes).

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