It’s that time of year again where we send you the compliments of the season! Where has this year gone? 2022 has been one of the most successful for Fitzgerald Estates and hopefully we’ll continue to grow by offering you a service which we believe is unrivaled in the Paphos property marketplace!
If we were to be asked the difference between the property markets in 2022 compared to 2021, we would have to say that there are 2 areas which are constantly changing.
Firstly prices are rising in a very healthy market which is constantly being fueled by a constant influx of new residents arriving from Central Europe. The Cyprus government are offering generous tax breaks for individuals and businesses to relocate here and many people are taking advantage of the savings to be made financially not to mention the attractive lifestyle here on the shores of the Eastern Mediterranean!
Consequently as Paphos has a very easy going cosmopolitan lifestyle with an already established population of expats and a very affordable housing market, especially compared to Central European prices, Fitzgerald Estates are happy to say that business is booming!
We’re finding that as our team are already fluent in a variety of languages and our advertising is so effective internationally and locally, we are ideally placed to deal with the property requirements of so many new residents and would be residents! Consequently we are in need, as we always are, of new properties to market and if you’re considering a move now could be the perfect time! We are especially keen to find 2 or 3 bedroom properties with a study as we’re finding that demand is very strong for these, as many new residents are working from home remotely and have given up the daily commute to Berlin, Paris and Rome!
Make 2023 the year you take advantage of the new property boom with Fitzgerald Estates, our many years of experience and expertise make us the natural choice whether looking to buy or sell your property in Paphos.
Merry Christmas and a Happy and Prosperous New Year from all of us here at Fitzgerald Estates.