In Scotland, about 300 homes were evacuated in Hawick after the river Teviot burst its banks, while properties in Newcastleton, Langholm, Annandale and Eskdale were also affected.
While properties might offer shelter, a number of individuals we worked with clearly stated that they would be better off on the street.
Yet while properties are often similar north and south — typically consisting of new apartment buildings and villas, with older, stone built Cypriot houses only occasionally on the market — prices remain far apart.
Housing developers and property management companies are often keen to enforce covenants on their estates or blocks of flats to maintain an attractive environment while properties are being sold.
Top-quality homes without moorings, but with uninterrupted water views, are on average 25percentt more expensive, while properties within modern marinas, along lakes or on the banks of canals command 15percentto25percentcent more.
Rental rates in places like the South Ward are under $10 a square foot annually, said Mr. Tannen, while properties immediately adjacent to the airport can demand rents in the mid-teens per square foot a year.
