Cyprus Property News Magazine

Cyprus property association president on the record

Nigel Howarth — Thu, 04 Dec 2008 18:04:30 +0000

EARLIER this week George Strovolides, president of the Cyprus Land & Property Owners Association (KSIA), was interviewed by Rosie Charalambous on CYBC Radio 2. With so many banks and builders in trouble, are we going to see such a slowdown […]

Cyprus property owners association calls for action

David Crowther — Wed, 03 Dec 2008 13:59:01 +0000

THE Cyprus Association of Property Owners (KSIA) has added its voice to those calling on Government to resolve the Title Deed problems.

Speaking yesterday at the Annual General Meeting of KSIA its president, George Strovolides, said that the problem is serious […]

Cyprus property sector facing long recession

Nigel Howarth — Tue, 02 Dec 2008 16:05:20 +0000

It seems that the Cyprus property sector will experience a long period of recession and things may deteriorate over the coming three years. Antonis Loizou made his forecasts on the current situation in a recent interview with Stockwatch and emphasised […]

You cannot polish horse manure

Nigel Howarth — Mon, 01 Dec 2008 11:46:17 +0000

EVERYONE knows there is a massive problem in Cyprus with unscrupulous property developers exploiting loopholes in the islands archaic laws to make huge profits for themselves.

Exacerbated by intolerable bureaucratic delays in central and local government departments, the “Title Deeds-cum-fraud mess,” […]

British MPs and MEPs take up title deeds crusade

Jean Christou — Sun, 30 Nov 2008 09:28:21 +0000

BRITISH MPs and MEPs have expressed their shock and concern over the title deeds scandal in Cyprus, and some have already taken the issue up with the government and the EU.

“I find the accounts, which I have received of this […]

Qatari Diar Real Estate and Cyprus sign deal

Alan Lawton — Sat, 29 Nov 2008 14:24:40 +0000

EARLIER this month, Qatari Diar Real Estate Investment Company and the Cyprus government signed a Memorandum of Agreement to undertake feasibility studies and land evaluation for a new project in Nicosia, Cyprus.

This new project will be located on 25,000m² of a […]

Cyprus and Hungary linked in property scam

Nigel Howarth — Fri, 28 Nov 2008 18:24:47 +0000

YESTERDAY a Hungarian court ordered the leader of the Liberal group in one of the districts of Budapest to be held for 30 days while an investigation is conducted into fraud charges. Charges against György Gál, who is chairman of […]

Cyprus: Island of love or fraud?

Dr Alan Waring — Thu, 27 Nov 2008 16:18:46 +0000

RECENTLY, a group of former chiefs in the Hong Kong Police and the Independent Commission Against Corruption asked me about the property fraud and Title Deeds scandal in Cyprus. They had been hearing some horrifying stories. Oh dear! Honesty moderated […]

British MEPs question Cyprus in Brussels

Nigel Howarth — Wed, 26 Nov 2008 12:37:02 +0000

BRITISH citizens campaigning for their property rights in Cyprus are receiving support from their European Members of Parliament. Many have written to their MEPs asking them to put pressure on the Cypriot Government to act.

The following letter was received today […]

Please be patient, we are doing our best!

Nigel Howarth — Tue, 25 Nov 2008 17:59:20 +0000

INTERIOR Minister Neoclis Sylikiotis has asked for patience over the issue of withheld Title Deeds as pressure mounts for the Government to take action. Mr Sylikiotis announcement was in response to a report that Lord Jones of Cheltenham had tabled […]