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All reports tagged with: "estate agent"
Cyprus estate agent declared bankrupt
The case against Andrew Nolan, formerly of Cyprus estate agents Peter Stephenson Properties, was heard by a judge at a court in Birmingham last Thursday where he was officially declared bankrupt.
BuySell Cyprus replies to report
Last month we reprinted an article from the Cyprus Sunday Mail on a dispute between Supertrust Estate Agents Ltd (BuySell Cyprus) and Mr Mike Skierka, the British owner of a house in Peyia.
EU acts against Cyprus over estate agent curbs
Brussels considers that Cyprus’ estate agents law that imposes conditions on the professional requirements of estate agents from other EU member states is incompatible with European rules.
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.
Estate agent gets wake-up call from bailiffs
Andrew Nolan, formerly of Cyprus estate agents Peter Stephenson Properties was woken at 6am by a bailiff from Bluemoon Investigations and investigative journalist Andrew Penman.
Can we get our money back?
WE are new to all this and hoping for some help and advice. We paid a reservation fee of £2,500 to an overseas property marketing company in the UK for an off-plan apartment in Kiti.
Having returned from their viewing trip to Cyprus and despite them trying to persuade us to use their lawyer, we appointed [...]
MRI Overseas Property withdraws from NAEA
MRI Overseas Property, which has its Cyprus offices in Paphos & Larnaca, issued the following press release issued on 21 August:
Leading Real Estate Company Withdraws from UK Trade Body over Impartiality Concerns
A leading real estate company has withdrawn its membership of the UK’s National Association of Estate Agents (NAEA), due to concerns that the [...]
Misleading property advertisements
MANY people have been duped into buying property in Cyprus through the use of misleading advertising.
Much of this makes outrageous and totally unsubstantiated claims regarding the performance of property investments. For example, marketing literature produced by one registered Estate Agent guarantees that investors:
“only have to invest 30% of the selling price, then the property is [...]
VAT delay on Cyprus land
Cyprus’ Minister of Finance, Charilaos Stavrakis, says the Government is confident that it will be able to secure a postponement of the introduction of VAT on building plots.
Under its commitments to the EU, Cyprus was to have levied a 15 percent VAT charge on the sale of building plots on January 1 2008. However, negotiations [...]
Estate agent arrested for property fraud
AN estate agent has been arrested on suspicion of defrauding two property buyers out of approximately €290,000.
The estate agent, a 39 year old foreign woman from Paphos, was arrested last Tuesday when she arrived at Larnaca airport aboard an incoming flight.
Two complaints have been filed against the woman, both by foreign nationals. The first involves [...]
Resale property scam warning
Without Title Deeds, the buyer must come to an ‘arrangement’ with the person in whose name the property is registered; invariably this is the property development company from whom they bought the property.
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