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Protest outside Alpha Bank London

Property buyers who maintain that they were mis-sold Swiss Franc mortgages by the Alpha Bank in Cyprus staged a protest outside the London offices of the bank in Cannon Street last Thursday.

Expats to give evidence to MRI investigation in Spain

More than fifty expatriates from England and Ireland have been summonsed to appear in court in the Spanish town of Marbella to give evidence against property millionaire Darragh MacAnthony the former boss of MRI.

Holiday homes bosses accused of huge swindle

The founder and top executives behind former holiday home giant MRI face legal action in Spain after hundreds of Britons allegedly lost money estimated to amount to £13 million.

MRI clients in Cyprus – no furniture, no refund

MRI clients, who bought apartments in Cyprus, say that furniture “packs” costing an average of €15,000 per apartment had still not been delivered months, in some cases years, after they were due.

Top 10 Cyprus news stories in 2009

We have compiled a list of the Top 10 Cyprus news stories from the Property Magazine that have attracted the most interest from readers over the past 12 months. It is perhaps not surprising that the name MacAnthony appears twice in the list.

MacAnthony appeals rejected by NFOPP

The National Federation of Property Professionals (NFOPP) has rejected appeals made on behalf of Darragh MacAnthony by Dominic Pickering, the new CEO of MRI Overseas Property, against its malpractice judgement last year. The chairman of the Disciplinary Appeals Committee, I.F. Rose, FNAEA (Hon’d.), said that the Appeals Tribunal had given the utmost thought and deliberation […]

Cyprus and MacAnthony Realty International (MRI)

Ending speculation on various trade and investor blogs, the new CEO of MRI Overseas Property, Dominic Pickering, has outlined the company’s plans to focus on construction in 2009.

MacAnthony malpractice judgement by NFOPP

The tribunal were appalled to hear of the Company’s misleading business practices, including unfulfilled promises of guaranteed rental returns and misleading descriptions of the facilities that would be available to owners.

Property Inspection Trips: The Pros and Cons

There is value in seeing developments for yourself, but only if you are not pressured to put down a deposit straight away and you are allowed to make a decision back at home – and if you have researched other agents and property in your country of choice. If you purchase a property at an […]

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