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Property Scams

BuySell Cyprus sues Brit for selling his own house

BuySell Cyprus Real Estate is suing a UK-based Briton for commission on the sale of his three bedroom house in Peyia even though he managed to sell it to a Greek Cypriot through his own efforts.

Man held over Limassol land fraud

A 40-year-old man has been remanded in custody after allegedly obtaining around €2m from his Russian business partner by falsely offering to provide him with acres of land.

Cyprus property exchange schemes target UK homeowners

There’s a very real possibility that you could end up buying a property being blissfully unaware that it’s mortgaged; you’ll only discover this later, when you come to sell the property or when the bank comes knocking on the door to repossess it because the developer has not repaid the loan.

Cyprus developer appears in court

Accused of causing grievous bodily harm to Conor O’Dwyer, property developer Christoforos Karayiannas and others appeared in the Famagusta District Court yesterday

Cyprus property action group – update

The Cyprus Government is responsible for the lack of regulation and law enforcement in the property sector must now take full blame for any bad publicity resulting from their abject failure to act.

Cyprus property disputes to be funded by UK investors

Buyers are all too often being mis-sold properties in Cyprus by developers or their agents at UK property fairs or “property seminars”, with Cypriot lawyers sometimes being part of the problem

Scammed property buyers lobby Cyprus president

This scam is endemic throughout the island; it’s harming people’s lives. The government is aware of it and so are the police. Why are they refusing to act?

Cyprus Title Deeds: Miliband waits for action

British Foreign Secretary David Miliband and Chancellor Alistair Darling have been in communication regarding the ongoing Cyprus Title Deed saga

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 […]

Property awarded to couple after legal battle

A BRITISH couple came very close to losing their €680,000 property at Ayia Thekla in Cyprus when their developer sold it to someone else behind their backs. According to Yiannos Georgiades, the couple’s present lawyer, the two Britons set up a company and bought the property in Ayia Thekla, which they planned to rent out. […]

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