Capital Appreciation In Cyprus

[the king]

ive bought 2 properties in southern cyprus last september. they will be finished in march 2007 and october 2007. they are 2 two bedroomed apartments, 1 in paphos and 1 in peyia valley. 1 cost 150000 and the other cost 180000. any idea what sort of capital appreciation should i make if i were to sell them when their finished.i should add that i bought them off plan, right at the very start

 

[ClubMan]

Er, the capital appreciation will be whatever you sell them for minus whatever you paid for them (plus any other expenses) expressed as a percentage of the original purchase costs. Hardly rocket science... If you don't know the going rate for property in the market in which you are buying then you really need to get advice!

 

[hmmm]

You paid ehm how much? I've a reasonable knowledge of Cyprus and that's a very top end price for a 2 bed apartment.