Cyprus Property News for home buyers and real estate investors

Saturday 23rd January 2021
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Patrick Dewhurst

EU seeks answers from Cyprus on Title Deeds

Cyprus has until early January to reply to a memo from the EU following a petition by the Cyprus Property Action Group and 41 MEPs calling for confirmation that withholding Title Deeds breaches EU fair practice laws.

Alpha Bank moves to repossess homes built by Liasides

More than 100 people face losing their homes following applications filed by the Alpha Bank to auction eight plots of land that it mortgaged to bankrupt property developer Yiannis Liasides.

Beating termites & other wood-eating beasties

Termites and other wood-eating pests are a growing problem in Cyprus and while an EU committee has put Cyprus in the red zone for termites, the government is lagging behind the rest of Europe in terms of legislation.

Drug dealing Briton jailed over property fraud

A Cypriot court has sentenced convicted drug dealer and former Teesside rave club owner Gary Robb to ten-months in jail in connection with a case involving the appropriation of Greek Cypriot property, in the northern Turkish occupied areas.

Bar Association’s Disciplinary Board in the dock

Reports of "crooked" lawyers, particularly in Paphos, are widespread; but what hope is there for justice when the Bar Association's Disciplinary Board appears unable to address complaints in a timely manner?

Cyprus Title Deed campaign gathers pace

An estimated 50,000 Cypriot property owners moved closer to getting their Title Deeds this week, after MEPs, British leaders and the European Commission rallied to pressure Cypriot authorities to enforce EU law.

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