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Beware of Buying property in Cyprus - RoC Book Review

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walkerscott


Joined: 13/08/2009
Posts: 901

Message Posted:
16/03/2011 09:01

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The Book review on Buying Property in Cyprus is a worthwhile reading for any potential buyers ...

THE risks faced by property buyers in Cyprus are now legendary. The backlog of 130,000 properties still awaiting their Title Deeds (some for as long as 20 years or more) includes some 30,000 bought by foreigners. In addition to the Title Deeds delays, a significant number of buyers also allege that they have been defrauded either by their developer and/or their lawyer. ‘Double selling’ fraud is the most frequent complaint.

For detailed article click on link:

http://www.news.cyprus-property-buyers.com/2011/03/15/buying-property-in-cyprus-book-review/id=007160?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+CyprusPropertyNewsStories+%28Cyprus+Property+News+Magazine%29

Another reminder of how fraught buying is throughout Cyprus and an acknowledgement that it is just as bad in the Republic of Cyprus as it is here.

http://www.no-deeds-no-money.moonfruit.com



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