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we are thinking of moving to cyprus probably at the end of the year is it a good decision to move then or wait? i know there is a credit crunch but im sure it wont last forever . i was thinking if we rent long term asap would we get a good deal or is my head still in the clouds. and maybe there would be a chance to find employment when the economy picks up a little.
 

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we are thinking of moving to cyprus probably at the end of the year is it a good decision to move then or wait? i know there is a credit crunch but im sure it wont last forever . i was thinking if we rent long term asap would we get a good deal or is my head still in the clouds. and maybe there would be a chance to find employment when the economy picks up a little.
Oh for a cristal ball! I can't say if it'll be cheaper at the end of the year than now. Long term rentals have dropped a lot over the last year. To give you ball park prices for Paphos:

1 bed apt 200-400 pcm
2 bed apt 400-650 pcm
3 bed villa 600-1200pcm
4 bed villa 750-1500pcm

The lower the price is unfurnished no pool. The better the facilities, ie pool, hot tun etc. If it's detached, good view, etc puts the price up.

That's Paphos. Prices vary across the island. The cheaper it is the more remote generally.

As you'll see from other posts the cost of rented accommodation has dropped over the last year as those who don't have to or can't sell are renting their properties out, flooding the rental market. The Villa we're in was rented to the last tennants at 2000 pcm furnished. We're paying 1200 pcm furnished so it's been a big drop. How much further it can go is debateable. Rents are pretty low already. There are some bargains coming through for those looking to buy from those desparate to sell. My neighbours have a house each they need to sell as their marraiges broke up, they've both dropped their original price by over 150,000 eur and would probably drop further if they got an offer as they are paying rent and 2 high mortgages.

As for the Credit Crunch, it's mainly other factors that are causing the downturn here but the Credit Crunch is expected to hit the Tourist Trade hard. If you've got enough to live on for a year then the only way really is to come and see. The kind of work you're looking for will be easier to find if you speak to people here. With Landscaping, if you can specialise in low water usage, that might give you a niche as the water in many areas is rationed.

Hope this helps.
 
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