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Could Spanish nightmare happen in Cyprus?

Could a nightmare case in which a couple may lose their UK home as a consequence of missing their mortgage repayments on a flat in Spain happen in Cyprus?

The EU and the Cyprus property scandals

The Cyprus Property Action Group considers the implications of the EU Unfair Commercial Practices Directive on the property scandals taking place in Cyprus which, it believes, could have monumental implications.

Are we about to see justice for all?

An article in today’s Sunday Mail Opinion column questions whether the Cypriot authorities have left it too late to repair the damage that has been done to the Island's image abroad.

Massive implications for property sector & economy

Yesterday’s revelation about the illegal activities could have massive implications for Cyprus’ property sector and the Island’s economy. The Cyprus government may have no option other than to take effective action immediately.

Castles Built on Sand: A lasting solution

Dr Alan Waring looks in more detail at some of the issues relevant to a lasting solution to the Cyprus property problem in a follow-up article to his ‘Castles Built on Sand’ that we published in June.

Oh, what a tangled web we weave

The absence of Title Deeds for half of the houses on the island of Cyprus is no help to the construction, trade, and indicative of haphazard practice.

Government help for the property sector

With many property developers finding themselves in a difficult financial position, questions are asked about what the Cyprus government should be doing to help the Island’s property sector.

Protecting property investors

Giovannis Kouzalis writes about his struggle for Title Deed reform and his belief that the proposed changes to the legislation will not solve the problem unless they are made much stronger, more precise, and provide immediate solutions.

What a mess: Property valuations

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.

Vanishing Cyprus: Developers’ Bonanza

In this article from his Vanishing Cyprus series, Andreas Chrysafis deplores the environmental and social impact that property developers and government policies are having on the island and its people.

Do not be fooled by guaranteed Title Deeds

In efforts to promote sales in Cyprus, some developers are advertising their properties with ‘Guaranteed Title Deeds’; do not allow yourself to be fooled.

Are property developers breaking EU law?

In her reply to a request to send a fact-finding mission to Cyprus to investigate the Title Deed problems, European Commission Vice-President Viviane Reding said that “the Commission can only intervene if an issue of European Union law is involved.”

Can the Cyprus banks pursue me in the UK?

I have been contacted by many British buyers who have received warning letters at their UK addresses from developers and banks in Cyprus concerning delayed mortgage repayments.

Why Title Deed legislation cannot work

The Title Deed legislation under discussion by the Cyprus government cannot work because it fails to address several critical factors; it is nothing more than a planning amnesty designed to protect property developers who have broken the law.

I would not have bought in Cyprus had I known

An overwhelming number of our readers would not have bought a property in Cyprus had they known that their developer had mortgaged the land on which it was built.

Holiday home swimming pool safety

The safety of swimming pools, particularly in buy-to-let holiday homes, in Cyprus is a concern for both the owners of the holiday homes and those who rent them. The European Child Safety Alliance EuroSafe has published a document containing advice on how to protect youngsters in pools.

Castles Built on Sand

Dr Alan Waring considers the growing problems with the Cyprus property market and wonders where it is heading and if there are ways to prevent the industry from destroying itself.

Well meaning or crooked lawyers?

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.

Is Cyprus in danger of misleading the EU?

In its answers to questions posed to it by the European Union, the Cyprus Government could be in danger of misleading the EU into believing that the Cypriot authorities have taken substantial and effective measures to resolve the Title Deed problems.

New title search procedures in Cyprus

New procedures introduced in Land Registries throughout Cyprus should make it much easier for prospective property buyers to discover whether their potential purchase is mortgaged.

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