Enquiry from New Zealand

Hi everyone,

An elderly neighbour of mine in New Zealand has always dreamed of retiring in Cyprus and is buying an apartment here:

From what he’s told me the apartment seems almost too good to be true, and he’s the type who could easily be taken advantage of…

So, locals of Larnaca, is this development legitimate? Should I be concerned?

Your advice and comments are most welcome.

Cheers :)