The Rental Of Houses Within The Principal Towns Was Trebled, And
It Would Be Difficult To Establish An Average Price
Of land either in
towns, or upon the outskirts, as the prices demanded have been in most
instances fictitious, representing
The desires of the seller, but in no
way verifying the actual selling value. I have only heard of a few small
plots that have changed hands at quadruple their former estimate, and as
a rule there are few buyers during this period of uncertainty respecting
the permanence of our occupation; but owners hold out in the hope of an
ultimate decision in favour of British absolute possession. In the town
of Limasol there has been a decided rise in the general value of
property, which is due to the steady improvement of the trade, and does
not represent a mere speculative impulse as in Larnaca, which has
suffered by a subsequent reaction. The municipal receipts of Limasol
have increased from 207 pounds sterling in the twelve months ending 30th
September, 1878, to 1718 pounds in the ten months of 1879. This has
certainly been due to the energy of Colonel Warren, R. A., the chief
commissioner of the district, to whom I am indebted for all statistics
connected with the locality.
The position of a district chief commissioner was by no means enviable
in Cyprus. The pay was absurdly small, and he was obliged to institute
reforms both for sanitary and municipal interests which necessitated an
outlay, and increased the local taxation.
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