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All reports tagged with: "title deeds"

Property buyers at the mercy of title deed traps

WE REFER to your article of September 22, “Law reform hopes to clear up title deeds trap“. This reported that the House Legal Affairs Committee had discussed the issue and it is very encouraging that the government is starting to address some of the pitfalls of buying property in Cyprus. A change in the law […]

The Cyprus Property File: Chickens Home to Roost

FOR THE CYPRUS PROPERTY sector, the current worldwide ‘credit crunch’ in banking adds to other hazards that may affect its attractiveness as an investment destination. Credit Crunch Hits Cyprus Property In May 2007, the local press reported that bank loans for building and construction were up 31% year on year to CY£2.36 billion. By July, […]

Cyprus property owners upbeat after Sarris meeting

A LOBBY group set up to help people facing problems with property developers and real estate agents all over Cyprus described last week’s meeting with Finance Minister Michalis Sarris as, “rewarding, positive and productive.” The Cyprus Property Action Group, which has over 2,000 registered members, on Friday informed Sarris of the hundreds of complaints made […]

The continuing Cyprus property debate

First, let me say that we are sorry to hear that you are also suffering at the hands of an unscrupulous property developer. Would you consider registering your problem on our website at We know it’s of little comfort to you, but you’re not alone. More than 2,000 people, both Cypriots and foreigners, have […]

Authorities failed to protect buyers and Cyprus’ reputation

LITTLE appears to have been achieved at yesterday’s meeting between finance minister Michalis Sarris and a delegation from the Cyprus Property Action Group. The group which had been set up earlier this year, to deal with the problems faced by expatriates buying property in Cyprus, wanted to brief the minister about the many complaints it […]

Hundreds of expats duped by dodgy property developers

A GROUP of exasperated expats yesterday informed Finance Minister Michalis Sarris of the hundreds of complaints made against developers and estate agents in Cyprus relating to fraudulent dealings in the lucrative property market. The Cyprus Property Action Group, formed last April to deal with the growing problem in the property market, met with Sarris to […]

Law reform hopes to clear up Cyprus property title deeds trap

NEW HOMEOWNERS IN CYPRUS will have greater property security if an amendment that allows their contract of sale priority over developers’ mortgages is approved. The issue was brought up for discussion at the House Legal Affairs Committee on Thursday and is backed by the Lands and Survey department. By law, in order for a person […]

Expats form property action group

A GROUP of expats has got together to help fight the growing problems in Cyprus’ property market. Fed up with reports from disgruntled property buyers who have been run through the mill and come out the other side poorer and disgusted and disappointed, they have decided that enough is enough. The Cyprus Property Action Group […]

The difficult Cyprus property title deed route

So that you can appreciate the long and difficult way from the completion of a building, to the issue of the property title deeds, we hereby submit the procedure that it is required. For each step we hereby provide the legal requirement for the issue of a permit and the actual time taken. • Application […]

The Cyprus property industry must be brought up to scratch

Tourism may be falling, but its decline is being offset by the health of the property and building sector, which has shown steady increases over recent years, to become one of the pillars of growth in our economy. Figures released this week show that 2007 looked set to become a record year in property transactions, […]

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