Saturday, August 1, 2009

Setting the scene

Let us start at the very beginning. In January 2007 we chanced to see an advert in the Gulf News in Dubai for a property show for new properties in Cyprus. Having missed out on the 'boom' and profits people were making / had made in Dubai we decided to go and have a look as we were not doing much on a Saturday afternoon.

The show was in the Grand Hyatt Hotel and organised by a company McKenzie McMillan who were acting as agents for a property developer known as Quality Group Developments who had a number of projects on the go in Cyprus. We were impressed with the company and the examples they showed of their other developments....and so to our own surprise we signed up there and then to a 2 bedroomed house on a complex adjacent to a yet to be built golf course about 10 miles from Larnaca. It was to be in a small village called Teresephanou.

We had never even been to Cyprus but trusted the judgment of friends and family who have travelled the world and still say Cyprus is one of the nicest places they've visited; not necessarily the prettiest, but friendly, easy, diverse and warm!! Just what we wanted.

We chose House 5 as the best remaining - a view across to the swimming pool and the hills beyond. We hoped it would meet our dreams of a holiday home in Cyprus to enjoy in retirement whenever the UK weather proved too dull, cold and wet for us to bear, having become "softies" as a result of Dubai sunshine and warmth!!

The deposit was paid and then in March we made the first of our staged payments for the house.

It wasn't until the October that we actually went to Cyprus to see the plot for our future holiday home. Quality Group met us at the aiport and showed us around. This is the site where our 'holiday home' was to be built. It was hard to imagine but we explored a bit of the island, and knew we'd made a great decision!

The only downside was that we saw an absolutely wonderful development that Quality Group were building along the coast - large individual houses with fantastic views out to sea; sadly we didn't have the kind of money needed to have a place like that, but we toyed with the idea of putting down a deposit on their next project further along the coast.

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