Paphos People

ON BEHALF OF A FRIEND


UK House Offered in Exchange for
Apartment or House in Cyprus

A four bedroom Semi Detached house in the East Midlands, less than three miles from Clumber Park, is offered in exchange for a 2 bedroom (minimum) residential property anywhere in Cyprus.

DESCRIPTION:

• 4 bedrooms with one being a Granny Flat extension (built at a cost of 17,000)
• £25,000 recently spent on modernisation
• 2 bathrooms (I full bath, one walk-in shower)
• Bathrooms recently renovated and professionally tiled at considerable cost
• New expensive kitchen with breakfast island and central extractor fan
• Specious open plan sitting room – dining room
• 100+ square meters internal area
• Economical Gas central heating with latest “90% efficient” Vaillant combi-boiler
• Laminate flooring with damp protection and OSB insulation on ground floor
• Short walking distance to a School
• Short walking distance to Golf Course
• Satellite TV cable access in every room
• Insulated walls and ceiling
• No flooding possibility
• Three outside storage rooms (one with toilet)
• Corner plot
• Friendly, helpful neighbours on quiet and crime free road


For good order’s sake, please also note the following:

• Because of the current bank crisis in the UK the banks are not easily forthcoming with mortgages.
• A three bedroom house just 100 meters from me is on offer for £100,000.
• Despite the fact that my own house has had £42,000 spent on it on extras, I have my house on offer for a cash sale at just £90,000 because I want to leave the UK.
• However, over the following three years from January 2014, the UK government will inject £130 billion into the mortgage market, so prices are expected to rise. (Please read http://www.express.co.uk/news/property/ ... -mortgages )
• In other words, the advantage of the UK house is that it can be sold within the short to medium term, while the Cyprus property is unlikely to be sold over the next few years, while property prices in Cyprus continue to slide.
• My property is an ex-council semi-detached house, renovated extensively to an unusually high standard.
• It is free of all liens and ready to be transferred to the new owner on completion of the agreement.
• If there is a cash difference in current values, such difference must be in favour of the UK property.

Only property owners without a mortgage need apply. I am willing to consider a Cyprus property without title deed, provided relevant problem is not legally insurmountable.


If interested, please email Natalie at: nzah50 @ hotmail.com