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All reports tagged with: "house"

Property scams turning Brits away?

ACCORDING TO one local pundit, the number of Brits buying property in Cyprus will drop by 20%. It seems that media revelations about the many ‘property scams’ are having a negative impact on the islands property sales. Although some drop in sales may be attributable to the worldwide credit-crunch, the current weakness of Sterling against […]

Developers charged over assault

THE TWO Paralimni property developers at the centre of a police investigation involving an alleged assault on a British home buyer have been charged with bodily harm and malicious damage to personal property, police said yesterday. Ayia Napa police chief George Economou said the father and son were charged “a few days ago“. “They were […]

Cyprus property numbers and costs

The Statistical Service of Cyprus (CySTAT) produces various figures concerning the Cyprus property market. They publish a Construction and Housing statistics report for 2005, and I’ve used this information to construct the chart below. This shows the number of properties completed in each year together with the cost (not price) of construction per square metre […]

Specific Performance what Protection?

In 2001 we bought a plot of land and had a house built on it. We decided to move to somewhere closer to town and we’ve been trying to sell. We’ve had a few people around and one couple put in an offer which we accepted. But when their lawyer did a search he found […]

Cyprus property developers claim expat tried blackmail

THE PARALIMNI Cyprus property developers at the centre of a police assault investigation involving a British home buyer yesterday countered the allegation by accusing him of blackmail. Conor O’Dwyer, 38, spent six days in Larnaca hospital last week after being allegedly assaulted by the father and son developers, who were later arrested and held in […]

Title Deed trap and the emergence of self-help groups

The Politics of Homeownership and Title Deeds (1) We have been consistent in explaining, and drawing attention to the sorry state of affairs which exist regarding the matter of homeownership and the issue of title deeds. Recent developments in the field and concerns expressed from readers merit a return to this topic by taking a […]

Buyers and their odyssey: case studies

The Politics of Homeownership and Title Deeds (2) In last month’s issue of in In Touch we critically examined the historical, social and legal issues, outdated laws and legal contradictions and the collusion between the authorities, developers and vendors in general which have gradually let to the present sorry affair regarding “titleless” properties. The quest […]

Surviving the Property Jungle: A Safety Kit for Property Hunters

The Politics of Homeownership and Title Deeds (3) This final Part 3 of our articles on the property trap is about good practice. In the previous articles we explained the traps laid by others to catch purchasers and the problems the latter often experience as they fall into the traps. The present paper is about […]

Title Deeds: capital gains tax liability

AFTER 18 years we have just been advised that the Title Deeds for our house are now available. But I have just received a letter from the property developer saying that I have to contact previous owner about the tax. I don’t know where he’s living or if he’s even still alive as he went […]

Property buyer recounts horror of Frenaros assault

“I CAN’T let my kids see me like this,” says Conor O’Dwyer, the British home buyer beaten up in Frenaros village last Monday, when asked whether he plans to return to the UK as soon as he leaves hospital. O’Dwyer was assaulted while gathering evidence for the two-year legal dispute he is in with his […]

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