Considering the problems experienced by many who have bought a property in Cyprus that has yet to be issued with a Title Deed, is it unreasonable for potential buyers to refuse to buy a property without a Title Deed?
While property values in the Cyprus tourist areas have fallen by 30%, foreign demand is still down 70%. Antonis Loizou FRICS considers the problem and wonders what will happen next.
Reports of "crooked" lawyers in Cyprus are legion. Paphos (or Pafos) appears to have an unusually high percentage of wrong doings by lawyers in comparison with other Cyprus towns and cities according to Antonis Loizou.
By Antonis Loizou, FRICS
Antonis Loizou & Associates Ltd
Chartered Surveyors
Property Valuers - Project Managers
May 2007
We submit this article in the press in order for our...
Securing finance for the acquisition of real estate is being developing constantly in Cyprus.
The financial institutions up to the year 2003 did not look...