Cyprus Property News magazine for overseas buyers & real estate investors

Saturday, June 6, 2020
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Government must help Pissouri landslide victims

The Government of Cyprus must protect Pissouri landslide victims from the consequences of the uninsurable natural disaster, as is their right under Article 1 of Protocol 1 of the European Convention on Human Rights.

Broken promises over Pissouri land slippage

In an open letter to the Cyprus Minister of the Interior Socratis Hasikos a Pissouri resident asks why the Minister has failed to keep the promises he made to clean up the land slippage mess.
Cyprus Title Deed protest

Lawyers complicit in Title Deeds scandal

As the Cyprus Property Action Group discovered much of the blame for the Title Deed scandal rests with conveyancing lawyers whose duplicity earned them their designation as one of the largest criminal classes in Cyprus.

What about the 39,490 Title Deeds?

There are still 39,490 Title Deeds that have not been transferred and it appears that there are many purchasers who are unable or unwilling to pay the unreasonably high property transfer fees.

Open letter to John Hourican

In an open letter to John Hourican, the CEO of the Bank of Cyprus, a buyer from Scotland asks if the bank intends to call in the security it holds on homes to help repay developers' debts.

No transparency in Land Registry system

The lack of transparency in the way the Land Registry assesses 1980 values of properties and the secrecy surrounding information held in the public register of titles gives cause for concern.

Why should any foreigner buy property?

In an open letter to President Anastasiades, a foreign resident suggests two measures designed to help rejuvenate the island's beleaguered property market and restore its tarnished image.

Just more empty talk about title deeds

In a speech made by the Cyprus Minister of Foreign Affairs Mr Ioannis Kasoulides at the House of Commons in London, he spoke briefly about the problem of the timely issuance of Title Deeds.

It is like getting blood from a stone

Seven months after selling their house in Cyprus, a British couple finally received the proceeds of the sale from their Paralimni-based lawyer after they engaged another lawyer to collect their money from him.

When will the government protect property buyers?

A British buyer asks the Cyprus government when is it going to enforce existing legislation designed to protect the rights of those buying property and take action to pursue the guilty parties?

Saga of the Title Deed rip off in Paphos

The actions of Land Registry staff in Paphos who seem to be ripping off foreigners by demanding excessive amounts of Property Transfer Fees from them are damaging Cyprus' reputation and killing the overseas property market.

Paying for my developer’s illegalities

A Pegeia resident demonstrates how the provisions of the Town Planning Amnesty enable 'dishonest and devious developers' responsible for planning infringements to escape the consequences of their actions.

State-sponsored fleecing is island-wide

Abuse by the Land Registry Offices brings the whole system into disrepute and fosters cynicism and distrust of the Cyprus government's regulations and practices.

Ongoing contempt for property purchasers

In a letter to the Sunday Mail a regular commenter wonders what it will take for the Island to clean up its act regarding property purchasers being duped by the nefarious practices of developers, lawyers and banks.

Property disaster a self-fulfilling prophecy

Even a cursory search through the Internet to discover the state of the Cyprus property market will reveal that the situation has gone beyond dire.

Please tell me why Mr President

In a letter to the President of Cyprus, Demetris Chrisofias, a reader who wishes to remain anonymous asks the simple question why.

Who is the real culprit?

In a letter to the Cyprus Mail on Sunday John Knowles, a resident of Peyeia, talks of the negligence of lawyers and their failure to represent foreigners buying property in a professional manner.

Conor O’Dwyer and his quest for justice

The media in Cyprus and the UK reported on Conor O’Dwyer’s one-man protest outside the Presidential Palace in Nicosia. Mr O’Dwyer has now returned to the UK and has sent us the following letter.

Dear Mr Attorney-General

In an open letter to the Cyprus Attorney General, Petros Clerides, Gavin Jones wants to know what it will take to get a reply to his complaint filed with the Disciplinary Board of Advocates a year ago.

Pissouri ‘The Edge of Heaven’

Popularised by Gordon Honeycombe in his book ‘The Edge of Heaven’, the Cyprus village of Pissouri has become a hot spot for those seeking a place in the sun. A long time resident advises prospective property buyers about the importance of seeking independent advice.

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Developers insist on Paralimni golf course

Developers are yet again trying to go ahead with constructing a golf course in the Paralimni area, the Cyprus News Agency reported on Tuesday.

Property sales collapse hits all markets

The historic collapse of 80 per cent in property sales in April hit the local and overseas market segments according to statistics from the Department of Lands & Surveys.

Historic collapse of property sales

Property sales in Cyprus have collapsed as a result of the coronavirus pandemic to a level only seen once before when the events of March 2013 made Cyprus a household name around the world.

Building permits maintaining strong growth

The number of building permits authorised in Cyprus during February 2020 provided for the construction of 680 new homes; an increase of 18 per cent compared to February 2019 according to official figures.

Cyprus passport programme under fire again

The Cyprus citizenship by investment programme, which enables well-heeled foreigners to obtain an EU passport for investments of at least €2 million, has come under fire again from the European Union.