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Property Scams

Developer Held as British Families Complain of Fraud

PAPHOS police yesterday arrested and remanded in custody a developer on suspicion of obtaining money from four British families with intent to defraud. Costas Papaioannou, owner of Costas Papaioannou Developers Ltd, was remanded in custody for five days by a Paphos Court after a complaint was filed by lawyer Chrysa Christofi, who is representing the […]

Unscrupulous Developers Need to be Taken to Task

DEPUTIES examining the long delays in the issuing of title deeds to homebuyers appeared to have finally understood the main cause of the problem after Monday’s House Interior Committee meeting. Light was shed on the problem by the director of the Land Registry Department Andreas Christodoulou, who said there were cases of home-buyers who had […]

Caveat Emptor – Let the Property Buyer Beware

The property boom on the island over the past few years has led to many buyers not receiving their title deeds as the authorities struggle to stay afloat, swamped with applications. In September 1999, it had been announced that thousands of property buyers who had not received title deeds from the seller could now take […]

Cyprus Property Cheats

With regards to property cheats, on your Letters page the problem stems way before this. Firstly you need your property developer, who comes along with ‘Horse, Saddle and Spurs’. He decides to build, puts down the base for columns and his architects tell him they are wrong. He doesn’t rectify this problem and so the […]

When the Dream Turns into a Nightmare

It’s common knowledge that Cyprus offers a more relaxed way of life. We don’t generally rush around and feel the stresses and strains of a big city, especially in Paphos. Naturally, that feeling of not being all that aggressive permeates into our everyday life. Banks are not open for very long, the police are not […]

Cyprus Property Warning

I would like people to know how buying property in Cyprus can turn out to be a complete nightmare. We have lived in Cyprus for over a year and want to sell up and move back to Scotland for personal reasons. We bought a house off plan in 2003 and had a buyer who wanted […]

Beware when Buying Cyprus Property

Nigel Howarth’s letter in Cyprus Weekly (29 April 05) spurred me to write about my own experience in seeking suitable accommodation to buy in Cyprus. Having lived here for two years now and, having heard horror stories as well as pleasant experiences from friends and acquaintances who, to a man, advised us to use a […]

Cowboys & Real Estate Agents in Cyprus

A law passed at the end of last year aims to protect house buyers from rogue operators. We explain what it contains and how to spot a cowboy. The new Estate Agents’ Law, which was approved by parliament in December 2004, lays down new requirements for estate agency practice and aims to increase the protection […]

Warning to Cyprus Home Buyers

It has come to my attention that everyone in Cyprus is now talking of property investment and what a great investment it is. A number of people honestly believe that the prices of houses/flats are still low and that they will continue to rise. I am personally tired of hearing this nonsense and feel sorry […]

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