Last evening’s peaceful protest at the new municipal park in Peyia was planned to coincide with its formal opening by President Christofias. But at the last minute the President postponed his visit due to an ‘important commitment’. Perhaps he wanted to avoid the demonstrators?
Hearing the news that President Christofias may be unable to attend, Cyprus Property Action Group co-ordinator Denis O'Hare said that there will be another opportunity to demonstrate.
Seeking to end speculation surrounding the Cyprus Government's promise to resolve the Title Deed problems encountered by thousands of British citizens who have bought property on the island, Lord Jones of Cheltenham has tabled a further written question in the UK House of Lords seeking a progress report on the matter.
Despite an assurance by the government that an end to the title deeds shambles is in sight, many desperate home buyers are putting their faith in the EU in an effort to safeguard their properties.
The Cyprus Property Action Group (CPAG) has launched an online petition to the European Parliament on articles 17 and 38 in EU law, which it says are being violated by the 'unregulated' property sector in Cyprus.
The main reason in most cases is that currently land owned by developers can be mortgaged again and again, leaving those who bought properties without their Title Deeds for anything up to 20 years. The average waiting time, even for Cypriot buyers is 12 years.
